CHWY - Short term bull runWant to see a hold above $16.87 to remain bullish Want to see us invert the weekly bearish FVG to support us to BSL at std 4 $18.69Longby tijewilkins1
CHWY, 3/26-4/5, 9.5% profitOn 3/20/2024, Chewy (CHWY) reported earnings of $0.04 per share on revenue of $2.83 billion for the fiscal fourth quarter ended January 2024. The consensus estimate was a loss of $0.05 per share on revenue of $2.81 billion. Longby 1hour_trading0
CHWY Weekly ChartCHWY has had its ass beat for a long time now. However, things may be turning around soon. Pictured above is a big-ass wedge formation as well as bearish divergence on both the RSI and the MFI which indicates to me that we could be looking at a major reversal to the upside. Despite the decline in the pet sector, Chewy has faired much better than its competitors (Petco, Petsmart). However, things have gotten tricky after rising prices have forced consumers to cut back on spending. People can’t afford to spend too much on their pets beyond what is necessary and it shows in the beating that CHWY stock has gotten in the past year. Even after its massive decline in value, CHWY has remained strong and delivered well on its last earnings report. If their next earnings report is just as good or even better than the last, hopefully we will start to see some upside.Longby damyam230
5 waves down, Now ABC UPChewy looks to be at the end of a 5 impulse down. RSI on the weekly is showing a bullish divergence. I think the ABC correction will be in the works soon. The Monthly chart also shows a bullish divergence on RSI. The higher the time frame the stronger the reversal will be on bull divs. Longby AmazinRaisin226
CHEWY Bullish Butterfly and Dragon CHEWY Bullish Butterfly and Dragon . Entry between $15.80 to $16.50. Take profits around 29$ and 40$. Stop loss below $14.50. Approximately 15 to 1 risk to reward. Longby Hodmokrin664
Chewy Faces Pet Industry Headwinds: Will the E-Tailer Persevere?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 ( NYSE:CHWY ) fiscal fourth-quarter earnings report initially sparked optimism, with earnings per share surpassing estimates and revenue exceeding expectations. However, concerns over a 2% year-over-year decline in active customers and a cautious outlook for the pet industry tempered investor enthusiasm. As a result, Chewy ( NYSE:CHWY ) shares experienced a premarket decline, reflecting market uncertainty surrounding the company's future trajectory. Challenges Amidst Opportunities: The e-tailer's warning about moderating pet ownership growth reflects broader industry trends influenced by shifting consumer behaviors. While pandemic-induced pet adoptions initially surged, the return to office mandates and inflationary pressures have tempered this momentum. Despite these challenges, Chewy ( NYSE:CHWY ) remains optimistic about its prospects, citing continued adjusted EBITDA margin expansion and a commitment to gaining market share. Charting a Path Forward: Chewy's ( NYSE:CHWY ) stock performance mirrors the company's broader challenges, with shares drifting sideways since late September within a longer-term downtrend. The 50-day moving average, acting as a resistance level, has exerted downward pressure on the stock price. However, attention now turns to the February swing low at $15.78 to $14.5, which could serve as a crucial support level. A reversal at this juncture could signal a potential short-term bottom and pave the way for a reversal in fortunes. Future Prospects and Resilience: Despite near-term uncertainties, Chewy's resilience and strategic initiatives position it favorably for future growth. The company's focus on customer experience, product innovation, and digital capabilities underscores its commitment to staying ahead in a rapidly evolving market.by DEXWireNews2
CHWY potential buy setupReasons for bullish bias: - Price has tested support - An entry at the lower highs (LH) breakout for trend confirmation - Bullish divergence - Megaphone pattern - XABCD pattern on weekly - Earnings on 20th March, NYSE:CHWY might show good moves Here are the recommended trading levels: Entry Level(Buy stop): 19.27 Stop Loss Level: 15.37 Take Profit Level 1: 23.17 Take Profit Level 2: 29.21 Take Profit Level 3: OpenLongby TradeWithParas3
Most likely towards 12-10 rangeThis looks bearish. If it breaks below 17-18 then most likely it will hit 10-12 range. If it does then expect it to recover back to 24. by babu_trader0
CHWY bottomingLooking for a long position on CHWY, starting at around 22$, and hopefully not extending down much more than 20$. Coming off of a double bottomLongby DrewBe121212Updated 1
TEXT book set up - have been waiting for pull back BUYChwy had been experiencing an all time low over the course of a few months - went to low, found support, had a break out at resistance, is not experiencing a pull back at previous resistance (new support range) Currently bought 245 shares at $20.79 per unit. Looks like a TEXT book pull back buy set up - have been waiting for pull back set up since mid december. Swing - Currently looking for an exit at $22.69. Longby Jonedog110
Dark Pool Buy Zones for Trading Momentum or VelocityDark Pool buy zones, identified with Relational Technical Analysis of the candlestick patterns and where they form in the long-term trend, along with indicators that reveal large-lot activity, are the key to preparing early for momentum to velocity runs for swing trading, position trading and even for planning long-term investments. NYSE:CHWY is working on a bottom, finally basing and now starting to test the bottom completion level. This can be a strong resistance level where Pro Traders who started a swing trade from the lows are likely to take profits. Often we see a sideways action develop at this level, the lows of which are usually confined by the support level built on the way up. This would be the level to watch for the next buy entry signal. If it consolidates narrowly or briefly, then there is potential for a momentum swing trade. If it platforms a little wider but within the last support level, then a position trade entry can develop. Longby MarthaStokesCMT-TechniTrader3
W-pattern on CHWY +30% Chewy showing strong volume and bullish momentum. Short-term trade for a +30% upside if confirmed. Longby julius36435221
CHWYFalse breakdown with potential short squeeze. Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Plantation, Florida. Chewy went public in 2019 with the ticker symbol CHWY on the New York Stock Exchange.Longby techpers1
Chewy's (NYSE: $CHWY) Road to Strategic Stabilization 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 may find value. While acknowledging the challenges, the positive signals suggest that Chewy A (NYSE: NYSE:CHWY ) might be entering a phase of stabilization and potential upward movement. Longby DEXWireNews111
CHWYTime for some speculative trade. CHWY is bullish with RTI crossing 20% on day chart. Longby Gymveski3
CHWY BUY11-29-2023 CHWY BUY When we took this trade it looked good now, it’s not. Bearish Commodity Channel Index BUY $18.95 SELL 22.61 ASK 3.66 SWING Trade by TheProfitAdvisors1
CHWY Buy $18.95 Sell $19.90CHWY BUY $18.95 SELL $19.90 Looks promising, what do you think? Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Plantation, FloridaLongby TheProfitAdvisors0
CHWY exceeds fair valuePrice is 24 times book value. Will wait until Dec 2024 for a decision.Shortby santoshkpai0
Looking Long on CHWY. 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! Long01:33by OptionsMastery228
chewy $chwy #chwy 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 call position with a little bit of time on it. I could be wrong but I don't think they have even begun using the A.i. narrative yet in earnings calls and truth is they are the perfect kind of company to later realize that they can save a lot of $ and increase profits dramatically over the next few years with use of a.i. and robotics. by rarebreed291