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Is CHWY gaining bearish strength? New 52 Week Low shows up after advancing 2.45%
CHWY closed up 2.45% on Thursday, June 18th, with volume running 0.9× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 17.79, 17.38 & 17.12, with resistance at 18.46, 18.72 & 19.13. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of CHWY: F
There’s more where that came from. See all of today’s signals for CHWY here.
Read full article here »