Chewy is going to see some
Uptrend I believe this week, mid $50s, before dipping below $50 to low $40s.
Institutions will be dumping while shorts will be covering, once shorts cover institutions will keep dumping causing more downward pressure.
This happened to BYND… similar
Patterns. Additionally this was a pandemic excitement… now it’s just a dog food company trying to make money like amazon… yet they they can barely break even.
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