How high will petco go?Revenue growth was strong last fiscal year, which ended in January, and that is set to continue this year and beyond.
Just bounced off of the 20 EMA.
Above the 200 EMA both price and market is showing an uptrend.
WOOF trade ideas
Another scenario.. Either way this pup is going upWe could see multiple butterfly patterns through the choppiness of the markets over the next several weeks. However i believe ultimately this stock could continue to move upwards for years to come. EOY target is high 30s low 40s
possible Cup and Handle forming with a Thirty dollar targetRSI is bending up Moving averages are beginning to entangle we should begin to see a melt and perhaps capitulation as we head into earnings on March 31
WOOF: Projecting key levels trade ideaWOOF: Projecting key levels while the price is in the doghouse. Could it see an upside now? Q4 Earnings on February 22, 2021 before market open. KL's are contingent on observed moving averages.
Recent metrics: Performance Week -8.39%, Performance Month -9.41%
ATR: 1.40
When will $WOOF be considered a good value?I'd like to buy into this eventually for my long term hodl. When will this be considered a good buy? What do you think?? Could it go something like this??
diamond bottom into inverse H&S 31.00 TP near termWOOF should continue to rise over the next 8 months as we move into the summer and more outdoor activities increasing.
The reception of this stock is surprisingly somberChewy is a box on the door, and lets face it how many do you really see? If you own a pet in the United States you have probably walked into a Petco in the past two months, and you more than likely brought your four legged friend along for the ride. Petco is a brick and mortar story that will be forever because it offers not only a convenient field trip with your best bud but also a place to purchase an furry friend if havent already got one. Petco is an all encompassing marketplace from Amphibians to birds, to adopting cats and dogs, to ferrets and rabbits and everything in between, not to mention training and bathing. The idea that this can be simply replaced by a box at the door erroneous assumption that the world is evolving into a dull consciousness that is afraid to go outside. But soon that wont be the case and places like Petco will help absorb the symptoms of extroversion we will so desperately thirst for. Not to mention the volatility surrounding short positions has created a roach run into areas of fundamental certainty where only either the greedy or stupid are willing to risk their lives betting on the wrong side. Petco is no-brainer if its down, buy the dip!
TRXC!GME!AMC! what about WOOF or is this not about fundamentals?Why are pumpers heading for penny stocks that will imploded. Why not create a wave with lasting momentum in a company that generates a profit? PETCO stock is easily worth $60 in this market but we are seeing the same old institutions holding it back to shake out retail. Im in for the run here, PETCO is no brainer. People are not at movie theaters or Dillards for that matter, but how many people are in and out of a PETCO everyday and how many more will there be in the future? With the right push stocks like PETCO can break out into wave cycles that never fall back based on the fundamentals upholding their worth. Choose wisely!!
WOOF massive BUY SIGNAL, going to 30-50 short term$WOOF aka PetCo Market Cap is 5B at $26 a share in comparison to $CHWY Market Cap of 43B at $105 a share.
Recently IPO'd, undervalued imo and longterm $50+ is realistic.
Petco analysis15 minute analysis. Level 2 consolidation, Price should move higher, however, I'm also cautious that price is above My blue EMA which shows us a sign of reversal.
Petco analysisMy first analysis on a stock using my knowledge of forex trading. Quite a few questions! I notice the price is well above the gap, seems to me as if a bait to take retail traders long in hopes that they hold on to the stock while the price is driven lower.
Think about it, If the vast majority is buying, then who is selling? This relates to institutional banks in the forex market.
Also, I trust my moving averages and in theory, my signal moving averages are below the 50% line of the gap and just in an eye of the long-term moving average.
What I'm used to seeing is the stops cleared, and an aggressive move up. Also, this is a safety trade for upward mobility.
$WOOF is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
PETCO HEALTH AND WELLNESS is a beloved brand in the U.S. pet care industry with more than 55 years of service to pets and the people who love and care for them.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $27,35;
stop-loss — $24,80;
take-profit — $35,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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