Multiple Bottom with potential to gain over 40%
CHWY - Forming multiple bottoms with potential to break trend line resistance, and hit 59 which is over 40%.
- Analysts' mean target price @ $59.04.
- 96% Institutional ownership
Trade closed manually
Overall Market Condition: WEAK / BEARISHNote
found support around 29 for now... still in a down trendNote
Looks like heading toward 25Note
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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.