CHWY is oversold at 33.60. After several quarters of earnings beats and lots of analysts upgrades it has gotten caught up in the recent fears of a pullback in the overall market and is overdone. if it drops below 33.56 and recovers, it can be considered a FBD (fake break down) and will be ready to run, IMHO. RSI and other indicators deeply oversold, and 33.56 represents a .618 retracement of June move off of the last earnings report. Best of Luck!
Kommentera:
Sorry, if 34.87 recovers, then it may be considered FBD