$CHWY Chewy Inc Day Trade Setup Potential short term trade setup back to the ATH. Volume increasing. 7MA providing strong support. Entry above $70.20 = Target $74.50. Resistance $72.50. Longby Bullishcharts25
Long $CHWY - Closing before EarningsLong $CHWY - Holding until 12/8/20 closing before Earning. Historically $CHWY has experienced a bullish runup to earnings starting 14 days out 11/17/20 13:00 We had an upwards crossover between the 62hr EMA and the 182hr EMA (Thick blue bar). This followed out yellow and orange bars cross-under events. This should signal a bullish uptrend. Short term 62hr RSI also indicating bullish momentum. Script from @Perma_Pig Longby maatspencerUpdated 0
CHWY Potential Breakout Chewy has been sticking to this trendline for several weeks, bouncing perfectly multiple times. Consider taking December 18th calls for this one, PT1 1.272 Fib @ 70.72, PT2 1.618 fib @ 72.05.Longby Samirp010
only shares for now...but i would add calls if the top trendline and resistance break! theres always potential to eat good when you buy the breakout! gl :)Longby Vibranium_Capital20
CHWY - inside daily candle - 11/13/2020set you alerts at Friday's high/low. if it breaks with volume , expect it to continue on the my targets on that side of the break. #CHWY $CHWYby kojak140
$CHWY Reversal Targets for Chewy inc Alert set for a break above resistance and the 7ma for a potential long entry. Targets as per chart with the 20ma and Gap fill levels as levels of resistance to consider. Longby Bullishcharts14
CHEWY 1D ASCENDING TRIANGLEAscending Triangle are repeatable trading chart patterns. Ascending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of volume average for a full position size. b - If 75% of volume average then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) If not 75% then stand aside from the trade. 2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order. Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit. *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.Longby Tradingstrategyguides3
looks like a good stock to day trade!big day to day movements! buy the dip on rsi and sell when its overbought on this run up. you will make a lot more than just buying and holding. goodluck <3Longby Vibranium_Capital19
CHWY So StrongI am waiting for a breakout above the spike for a large move upward. by JoeRodTrades440
$CHWY Chewy Inc 20% Breakout Target CHWY showed us immense strength yesterday as the market tumbled it posted a 6.33% gain. The volume yesterday was almost double its 10day average. Next resistance level is now the previous pivot @ $74.84 Fibonacci Breakout target $81 - $89 Alert set for $75.00 Longby Bullishcharts13
CHWY Is looking strongI would like to see it break the spike level for a strong move up.by JoeRodTrades0
$CHWY Chewy Inc Potential Day Trade Potential reversal in CHWY after a nice 3% reversal off the 20MA today. If we get a much needed relief rally tomorrow CHWY should be on the watchlist for a day trade , potential resistance zone $65-$66 Longby Bullishcharts1113
CHWY - October 25, 2020CHWY looks great on any further dip for continuation past ATH.Longby AptitudeFinancialAdvisory0
$CHWY - looking for a break of 74.86$CHWY - looking for a break of 74.86 if we break trough 74.86 on CHWY we could open up to another big runLongby Kowalski_Trader2
$CHWY Inc Trade setup CHWY on watch for breakout next week. May need to see the 7&12ma's catch up before next advance. Alerts set for $71.50 and $75.00 Longby Bullishcharts1118
Wait for the dipThe biggest lesson, I have learned while trading is that: never buy-in when the price has gone parabolic. My plan is to set a limit buy around: 59.34by benedekdomotor112
CHWY - Still a solid uptrend here.Still on a solid uptrend line. I am long short term target of $65Longby atrades247Updated 1
ABC BullishPossible stop below 51.2 Possible T2 99.8 to 113 Who knows??? LOL Not a recommendationLongby lauralea2