Is Chewy Showing Signs of a Recovery?

6 Jun 2022

Crazy how beaten up this stock became losing almost 80% of its previous value, but it might be starting to show some signs of reviving, being back up 34% off its recent bottom on the back of a strong earnings report and posting a surprise profit.

Have a look at the last 3 Red Earnings signals and the resulting sell off of the stock, and now we have our first Green report. Price back up above the 20 day MA, RSI heading up and MACD crossing up, so who knows...

Might be worth keeping an eye on and doing some research.

10 Jun 2022

Catatan

10% run before pulling back with the overall market.

29 Jul 2022

Catatan

Managed a 65% run before it bounced hard off its first resistance area.

18 Agu 2022

Catatan

Up 80% from earning so far before another retreat as the RSI gets over heated.