BBTrader29

CHWY Bounce

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NYSE:CHWY   Chewy, Inc.
CHWY touched its previous all time low today, which is now support at the $22.5 level. End of day it bounced off that level creating a doji candle stick, signaling a change in price direction. I entered in at 22.65 and looking for a target price at the $24-24.5 level, where it will then catch up and run into moving average resistance. Looking for a 5-8% bounce.
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