Chewy, Inc.Long
CHWY has this 39$ potential
Updated
- 32.87 is a key support area, breaching it and chances of CHWY poking the 39 this month is weak.
- look for 35 call this week with profit target around 36.
- On a monthly time frame this can go to 39, but thats all depend on keeping with this
bullish momentum.
- Resistance are likely around 34.49, 36.72 and 39.56
- look for 35 call this week with profit target around 36.
- On a monthly time frame this can go to 39, but thats all depend on keeping with this
bullish momentum.
- Resistance are likely around 34.49, 36.72 and 39.56
Trade active
35c 22novOrder cancelled
Note
Closed my calls on the 33 wick.
imo the move on the month is low probability, but chwy is still bullish
contracts after earnings have high probability.
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