Chewy, Inc.
Long
Updated

CHWY - Breaking Through S/R - 9.66% Potential Profit

I would wait for the resistance line to turn into support and re-test, before placing an order.

- Historical uptrend.
- RSI + Stoch well above 50.
- MACD above Signal.

Target price $58.00
Suggested Entry $52.25
Suggested Stop Loss $51.3
Note
Trade closed at 11.27% profit.
Trade closed: target reached
11.27% profit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.