CHWY analysis

13 Ara 2020

CHWY has been on an uptrend for quite some time. As seen on friday, CHWY was able to continue rallying upward even when the SPY was down. Buyers are clearly in control with this pick. I believe that we still have room to run up to before we see a pullback, the blue box serves as a selling zone, to one of the strong support lines. We have a price prediction using the fib retracement where we look to test resistance, and VWAPS all indicating buyers are dominating the market. Any criticism is more than welcome.