CHWY Bullish Continuation from C&H
CHWY has recently formed a cup and handle pattern near all time highs.
Broke through with the handle with exceptional volume, expect a continuation and push into high 120s possibly 130s
Chewy last issued its quarterly earnings results on December 7th, 2020. The reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.05. The firm earned $1.78 billion during the quarter, compared to analysts' expectations of $1.73 billion. Its revenue for the quarter was up 44.9% on a year-over-year basis. Chewy has generated ($0.63) earnings per share over the last year.
Broke through with the handle with exceptional volume, expect a continuation and push into high 120s possibly 130s
Chewy last issued its quarterly earnings results on December 7th, 2020. The reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.05. The firm earned $1.78 billion during the quarter, compared to analysts' expectations of $1.73 billion. Its revenue for the quarter was up 44.9% on a year-over-year basis. Chewy has generated ($0.63) earnings per share over the last year.
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