CHWY is forming a descending triangle pattern on daily chart, which gives us some short term plays that we can possibly profit from.
Currently sitting on some support, looking to clear the volume shelf and enter @ 77.75.
The plan is to ride through the breakout area up to ~ 78.77 before hitting the resistance coming from the downtrend line.
This is looking to be a scalp play and could happen relatively fast. Keep a stop loss just under the low of recent candle on 30 min chart.
Currently sitting on some support, looking to clear the volume shelf and enter @ 77.75.
The plan is to ride through the breakout area up to ~ 78.77 before hitting the resistance coming from the downtrend line.
This is looking to be a scalp play and could happen relatively fast. Keep a stop loss just under the low of recent candle on 30 min chart.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.