Above the Green Line -01
  • Market Insights
        • Commentary
          • Daily
          • Weekly
        • BUY / SELL SIGNALS
          • Trade Posts
          • Recent Trade Alerts
          • Recent Day Trades
        • BLOGROLL
          • Dividend Growth Blog
          • ETF Sector Blog
          • Dow Dogs
          • TPOW Blog
  • Strategies
        • SWING TRADING
          • Current Positions
          • Watchlists
          • Closed Positions
          • Candidates - TOP 100
          • Specialty Stocks
        • WEEKLY STOCK PICK
          • TPOW Charts
          • TPOW Performance
          • TPOW Strategy Guide
          • TPOW Performance Dashboard
        • DAY TRADING
          • Watch List
        • ATGL DASHBOARD
        • ETF STRATEGIES
          • ETF Sector Rotation
          • ETF Sector Portfolio
        • DIVIDEND GROWTH
          • Dividend Growth Portfolio
          • Dividend Calendar
        • DOGS OF THE DOW
          • Dogs of the Dow Portfolio
          • DOW 5 Portfolio
  • Markets
        • US MARKET
          • Commodities
          • Energy
          • Precious Metals
          • Volatility
        • GLOBAL MARKETS
          • Market Indices
          • Economic Calendar
          • FOREX Heat Map
          • FOREX Cross Rates
          • Crypto Currency Market
  • Investing
    • Discord Community
    • Dashboard
  • Resources
        • ARTICLES
          • Dividend Growth Model Articles
          • ETF Articles
          • Investment Strategies Articles
          • Market and Economic Insights
          • Stock Trade Articles
          • Stock Reviews
        • TOOLS
          • Stock Scanners
          • Charting Software
          • Brokerage Firms
        • STOCK CHARTS
          • Key Components
          • Reading Charts
          • Drawing Stock Charts
          • Identifying Trends
        • RETIREMENT PLANNING
  • About
    • Contact Us
    • How to Win
    • #1 At Stockcharts
    • Disclaimer
    • FAQ
  • Log In
  • Subscribe

June 23, 2025

CHWY Ends Flat as TPOW for Week of June 16–20

CHWY TPOW Chart

TPOW Recap: CHWY Ends Flat Despite Strong Setup

Last week’s Top Pick of the Week (TPOW), Chewy Inc. (CHWY), was selected based on its strong technical momentum, SCTR above 90, and a bullish breakout above the Green Line. The trade was entered on Monday, June 16, at $41.99 and exited on Friday, June 20, at $41.91, resulting in a modest -0.19% pullback. While the stock stayed above key support levels throughout the week, it ultimately lacked the follow-through needed for a breakout gain.

 

📊 SPY Comparison

Meanwhile, the broader market (SPY) posted a solid +1.35% weekly gain, driven by strong performances in the retail, technology, and energy sectors. Investors responded positively to better-than-expected retail sales numbers, cooling inflation data, and growing speculation that the Federal Reserve may hold interest rates steady into the fall.

The divergence between CHWY and SPY this week highlights that even fundamentally sound and technically strong individual names may lag during sector rotations or risk-off behavior within specific industries.

 

🌐 Market Overview

Overall, the market continues to ride the momentum of resilient consumer spending, softening inflation trends, and AI-fueled optimism in big tech. However, leadership remains narrow, with mega-cap names carrying much of the gains, while small- and mid-cap stocks, like CHWY, struggle to keep pace.

Despite the recent strength in SPY, volume breadth and defensive rotations suggest that traders remain cautious ahead of the next earnings season and any updated guidance from the Fed. At Above the Green Line, we remain focused on identifying high-momentum swing trade setups that offer favorable risk/reward within this mixed but constructive market environment.

 

Subscribe to Our Newsletter

AGL Logo

Get our eBook Now!

Candlestick - A Swing Traders Friend

We don’t spam! Read our privacy policy for more info.

You’ve been successfully subscribed to our newsletter!

Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

Help Us Help Animals

Help Us Help Animals

Recent Comments

  • Market Breadth Indicators: A Trader’s Guide to Early Trend Detection on Backtesting: Definition and How a Trading Strategy Backtest Works
  • Island Reversal Pattern: Definition and Formation Explained on Double Top Pattern: How to Identify and Trade This Reversal Signal
  • Channel Pattern Guide: What It Is and Why It Matters on A Guide to Forecasting Using Moving Averages
  • What Is a Broadening Bottom Chart Pattern? Full Guide on Bull vs. Bear Market: An Investor’s Guide to Market Phases
  • ATGL Weekly Money Flow - 2025-05-11 on ATGL Top Pick of the Week! Apr 6, 2025

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

ON ATGL

  • DashBoard
  • Weekly Commentary
  • Daily Buy / Sell Signals
  • Day Trade Setup
  • Trading Rooms

Design & Develop By Pixelvect

STRATEGIES

  • Swing Trading
  • ATGL Pick of the Week
  • Dividend Growth
  • ETF Sector Rotation
  • Dogs of the Dow

HELP

  • ATGL Trading Rules
  • FAQ
  • Account Maintenance
  • Contact US
  • Join

FOLLOW US

Instagram Linkedin Twitter Facebook

© COPYRIGHT 2024 · ABOVETHEGREENLINE.COM · ALL RIGHTS RESERVED · PRIVACY · TERMS · CONTACT · WATCHLIST · CURRENT