$CHWY forming 2 month #Rectangle #ChartPattern #Breakout
CHWY has been trading sideways for the last 2 months forming a rectangle chart pattern with strong resistance at $52.50. Price has tested that level 4 times recently and looking set to breakout to the upside. Once the breakout takes place, the stock will be trading at all time high (ATH).#KeepItSimple
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