CHWY Collapse

Looks like a failed IPO, earnings next week, could break support before then...

Just watching it for now, but feeling bearish....

코멘트:

Looks to me like it's gonna sit at support until earnings. Will make a huge move, probably 20%. Options are priced in for that huge move, so there's no good play unless you can guess the direction.

I expect huge revenue growth, the question is profit... or loss.

코멘트:

Looks like I was right Friday, bounced off of support.

코멘트:

Would appear to have broken support on earnings. I didn't think it was that bad, but not much growth Q/Q.

코멘트:

Should really learn to put personal feelings aside and play the chart pattern. Obviously broke support, should have bought some puts. Oh well.

I buy stuff from them, it's a good company, but looking over financials, SGA costs are rising faster than gross profits. Can't make a profit that way, and very little Q/Q growth.

From a chart standpoint, looks like it will bounce at $25, but there's no guarantee.

매매 수동청산:

I guess I forgot to post that I bought some puts last week, closed them out today for a nice gain