CHWY retraced to golden pocket after last movement upward, retested S/D area twice rejecting it making me think that the uptrend is not over. Weekly chart looks even better. I like entry here for a swing and I will average down if we go lower. Daily close below 72 invalidates the idea. For options, buy at least two month expiration.
Trade active
entered swings options for May.
Note
will likely add a bit more after earnings gap fills
Autopsy of my trades. Admin of SimbaStocks. Not a registered financial advisor, all related content are my opinions and solely my opinions.
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