Earnings next week. Kitty head master tweeted. Let's see what happens. Looks nice on the weekly but who knows if it has another move in it. Keeping an eye on volume. If anything GME could see one last major move higher but that's based purely on gut feel and chart setup right now. Could also dump, but $20 seems to be pretty sound support. The break of the...
Chewy Inc. (NYSE: NYSE:CHWY ), the well-known e-commerce pet food and supplies retailer, reported its Q2 FY2024 results in line with expectations, showcasing a mix of stable revenue growth and improved profitability metrics. The company, founded by Ryan Cohen (known for his involvement in GameStop), continues to hold its ground in the e-commerce sector,...
If you haven`t sold CHWY before the selloff: Now analyzing the options chain and the chart patterns of CHWY Chewy prior to the earnings report this week, I would consider purchasing the 28.50usd strike price Calls with an expiration date of 2024-8-30, for a premium of approximately $1.21. If these options prove to be profitable prior to the earnings release, I...
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
CHWY 200 day moving average is way above the price of $25. It will probably go to the $43-$44 dollar range. Invest smart, invest hard. Boost my post if you like this idea 💡 Also follow and subscribe for more uproars. Let's spread the word together. Roaring Puppy 🐶 out. NYSE:CHWY
Already broke out and retested. Now it's ready to blast-off. Funny thing is, NYSE:CHWY correlates with silver at almost 80% correlation! Unfortunately, NYSE:CHWY hasn't blasted off like silver and the correlation got cut in half (link to charts in comments). MACD is signaling a blast-off also... August calls are going for $20 for $55 strike price, price...
CHWY is currently in a descending wedge with bullish RSI divergence. Look for a breakout and retest of support zone for entry, stoploss at last swing low and will be moving SL to BE when safe to do so.
Discussing some potential short squeeze candidates. Some of these names have already bolstered huge gains and looking to potentially squeeze higher if price action holds firm. All of these names need to be monitored in the near term for opportunities. Shorts get nervous when stocks are moving higher. AI, SPWR, CHWY, WOOF
Chewy stock ( NYSE:CHWY ) surged 25.37% on the first quarter 2024 financial result, following a strong Q1 2024 earnings report that beat Wall Street estimates and an increase in Autoship sales. The company reported adjusted earnings of 31 cents a share on revenue of $2.88 billion for the quarter ended April 28, beating analysts' expectations of 20 cents a share on...
Despite delivering better-than-expected quarterly results, the online pet food and accessories retailer faces headwinds stemming from moderating pet ownership trends. While Chewy's ( NYSE:CHWY ) outlook may have dampened investor sentiment, its commitment to continued growth and market share expansion remains steadfast. Navigating Market Volatility: Chewy's (...
Reasons for bullish bias: - Price has tested support - An entry at the lower highs (LH) breakout for trend confirmation - Bullish divergence - Megaphone pattern - XABCD pattern on weekly - Earnings on 20th March, NYSE:CHWY might show good moves Here are the recommended trading levels: Entry Level(Buy stop): 19.27 Stop Loss Level: 15.37 Take Profit Level 1:...
This looks bearish. If it breaks below 17-18 then most likely it will hit 10-12 range. If it does then expect it to recover back to 24.
Despite Chewy A (NYSE: NYSE:CHWY ) currently being in a falling trend channel in the medium long term, there are positive signals for potential recovery. The recent break of a resistance level suggests a positive shift in the long-term trading range. Additionally, the identified support at $17.00 provides a potential floor, indicating a level where investors...
Please watch the video on my analysis of $NYSE:CHWY! I explain why I think that this stock is going up! As always, thank you for tuning in to my analysis. I pray you all have a beautiful rest of your thanksgiving!
Even in recession people seem to have a way of keeping their pets fed. Not sure about other countries but in the U.S., we often find that when people are doing poorly, they tend to spend even more $ and time with their pets. This is so far the best opportunity since 2020 to begin creating a long-term position. Also looks like a nice technical level to create a...
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. On the charts, we're looking at: CHEWY NYSE:CHWY Spot position, anticipating trading back up towards the gap. +17% , low risk high reward trade WALT DISNEY NYSE:DIS Spot accumulation,...
If you haven`t bought CHWY here: or sold it before the previous earnings: Then analyzing the options chain and the chart patterns of CHWY Chewy prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately 0.65. If these options prove to be profitable prior...
NYSE:CHWY My friends, allow me to present to you one of the easiest and most profitable trades I have recently discovered. This trade offers an impressive risk-reward ratio of 1 to 6.5. Once it hits the bearish trigger line, I will open the short position. It's likely that we'll witness some struggle from the bulls as they attempt to hold the last line of...