hungry_hippo

CHWY Collapse

hungry_hippo تم تحديثه   
NYSE:CHWY   Chewy, Inc.
Looks like a failed IPO, earnings next week, could break support before then...

Just watching it for now, but feeling bearish....
تعليق:
Looks to me like it's gonna sit at support until earnings. Will make a huge move, probably 20%. Options are priced in for that huge move, so there's no good play unless you can guess the direction.

I expect huge revenue growth, the question is profit... or loss.
تعليق:
Looks like I was right Friday, bounced off of support.
تعليق:
Would appear to have broken support on earnings. I didn't think it was that bad, but not much growth Q/Q.
تعليق:
Should really learn to put personal feelings aside and play the chart pattern. Obviously broke support, should have bought some puts. Oh well.

I buy stuff from them, it's a good company, but looking over financials, SGA costs are rising faster than gross profits. Can't make a profit that way, and very little Q/Q growth.

From a chart standpoint, looks like it will bounce at $25, but there's no guarantee.
تم إغلاق الصفقة يدويًا:
I guess I forgot to post that I bought some puts last week, closed them out today for a nice gain
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.