Chewy, Inc.
Updated

CHWY eyes on $40.07: Golden Genesis may Double Top or Run

354
CHWY trying to recover from a long downtrend.
Currently testing a major landmark of its lifetime.
Golden Genesis already topped once, trying again.

Trade active
Houston: We have IGNITION
snapshot
(yellow shaded area is from posting time)

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Closer look with trade notes:
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Entry taken on break of Golden Genesis at $40.07
Closed 25% each at two TP's for 6.9% and 11.3% gains.

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What next?
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Hoping for next 2 TP's for 18% and 29% gains.
Running a Trailing Stop on fib below the price.
Let's see if we can get the targets before hitting SL.

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Trade closed manually
Stop Loss HIT on last 25% of position
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Oh well, got 3 TP's for 75% of bag, no gains on last 25%

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Now to look for that next opportunity given by the Fibs.

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