CHWY: Climactic Sell Off Completed

2022년 2월 2일

Looks like CHWY had a climactic buyer and may be entering a reversal or range bound environment
- An Automatic Rally happened and the current weakness looks more to a lack of liquidity - which should get bid at the selling climax
- Stock is starting to look good fundamentally as well
- MACD momentum shift
- Good place to test out some small long positions with loose stops

2022년 2월 4일

노트

Another good bar yesterday, creating a higher low on expanding volume, stronger hands picking up more shares. I think this stock will be range bound (out performing the market) or move up higher as longer term value buyers will start coming in at this price range.

If channel bound - bottom of the channel will be ~41/42.

2022년 2월 9일

노트

There is some large aggressive buyer chasing CHWY, adding more to the position.

2022년 3월 1일

거래청산: 스탑 닿음

Good place to close out -
1) stock might be range bound looking for a consolidation
2) might have got this relief bounce on lower forward rates (off mid 30s)

good place to close with small profits and look to reenter later when the market as a whole firms up

2022년 3월 1일

노트

return/risk currently not worth it