Chewy, Inc.

Safe Entry Zone

60
Stock current at Support Level.

P.High's (Previous Highs) acts as good Support and resistance level.

1h & 4h Green Zone Is Buying Zone.

4h Red Zone is Selling Zone.

If No Buying Power at current Price level 4h is safest Entry Zone.

Note: 1- Potentional of Strong Buying Zone:

We have two scenarios must happen at The Mentioned Zone:

Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.

Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.

2- How to Buy Stock:

On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.

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