Chewy, Inc.
לונג

5 waves down, Now ABC UP

Chewy looks to be at the end of a 5 impulse down. RSI on the weekly is showing a bullish divergence. I think the ABC correction will be in the works soon.

The Monthly chart also shows a bullish divergence on RSI. The higher the time frame the stronger the reversal will be on bull divs.
תמונת-בזק
Trend Analysis

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