PETS Put Sale

PETS had a good gap down on earnings. They beat earnings, raised their dividend from .20 to .25 but traded down on their guidance. It is bouncing off the 20EMA a bit intraday. I do not mind owning shares down at $40 which is almost another 20% down, past the 50EMA/prior support, and would be right at the 100 SMA as well as more support. Let's see how it works.
Bullish PatternsChart PatternsoptionsputsaleTrend Analysis

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