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CHWY forms Bollinger Band Squeeze on August 21
CHWY closed up 0.59% on Friday, August 21st, with volume running 0.7× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 23.57, 23.11 & 22.67, with resistance at 24.47, 24.91 & 25.37. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CHWY: C
Today’s move could mean more—check all the signals for CHWY on SwingTradeBot.
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