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Is CHWY positioned for a breakdown? New 52 Week Low shows up after climbing 2.48%
CHWY posted a 2.48% gain on Thursday, June 18th, accompanied by 1.4× normal trading volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 17.8, 17.39 & 17.14, with resistance at 18.46, 18.71 & 19.12. 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 »