52 is a tough level. I would wait for CHWY to break and hold over 52 to go long. I would use a tight stop loss if CHWY breaks under 52. If CHWY fails at 47.55 it can fall to 45.70, 43.89.
I would go long over 52, or go short under 50, or you can wait for it to break under 47.55.
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