Multiple Bottom with potential to gain over 40%

Updated
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 / BEARISH
Note
found support around 29 for now... still in a down trend
Note
Looks like heading toward 25

snapshot
Note
CHWY  long
CHWYchwystockTechnical IndicatorsTrend Analysis

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