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Is CHWY set to breakout? NR7 shows up after sinking 0.82%
On Wednesday, July 8th, CHWY moved down 0.82% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 20.2, 19.84 & 19.51, with resistance at 20.89, 21.22 & 21.58. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CHWY: F
Today’s move could mean more—check all the signals for CHWY on SwingTradeBot.
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