CHWY new ATH? PT 110CHWY broke out and held above its bull pennant, i would look for entry near 103.05 or wait for break of 105.30 to retest ATH. If it can hold above 106.50 tomorrow we could see 110 by eow. I would be careful with Chwy as it is very extend and overbought on the higher time frames, correction is coming soon but I have high hopes for this to run during this Santa rally.
DOG
Entry 1/2, BITCOIN SYMPATHY MOVER. HIGHLY MANIPULATEDLow float, highly manipulated. We will see all the pump and dumpers chase this bitcoin run. The first players was CLCI, going up several 100%. There will be many more
Clear Representation of The "weiner dog" formation. When the weekly day traders do their job and a chart is looking nice as in this example.. the weekend comes... inevitably the "weiner dog formation"
appears early on a Saturday. Maybe from inexperienced traders dropping the ball in combination with heavy pockets taking advantage. It usually precedes an impending dump in favor of the bears. This patern can stop a good bull run in its tracks.