FriscoTrades

$WOOF Relative Strength coming out of base

Pembelian
FriscoTrades Diupdate   
NASDAQ:WOOF   Petco Health and Wellness Company, Inc.
I've been long WOOF from previous post, and added to position today as now WOOF is coming out of a rounded base and closing above the 30 week MA (orange line).

Now, so long as WOOF closes above 30 week MA, I'm long and will add.

What I'd like to see is the 10 week MA (blue line) cross and for price action to sustain above to new highs.

22.8 and 25 zone are key resistance points and will be important to see how price reacts at these levels.

Fundamentally EPS have seen continued growth.

Also Frisco Trades comes from my frenchie Frisco, so I'm biased bullish on anything pet related :)


Cheers
Komentar:
May 22 Puts sweeping at the bid, implying more upside

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.