WOOF - The Next Big JumpPetco Health and Wellness Company, Inc.BATS:WOOFCrayonGuyAs we approached Friday today, we saw a strong rally of WOOF as it closes the $2.50 gap, putting us 2.70 as the market closed. What a beautiful way to finish off the week. As next week approaches, here are the important prices to watch out for: - As the day ended, we saw a huge selling pressure as RSI reached 80 (Indicating that it is very overbought). What this means is that we could see price decrease down to the $2.58 line. Personally, I have loaded WOOF at $2.44 and own about 300 shares, and I would be buying at least 300 more as price touches this line again. - Next week, if buying pressure continues, I would be looking to sell half of my holdings at $2.77. This would mean a 6% increase from today's close. We would see resistance at this level as it has faced multiple resistance at this level. The reason for selling is to mitigate risk. Earning less money is still earning money, and if the bullish trend continues, we could always re-enter. - Nearing the end of the week, I predict WOOF returning back and closing up the huge gap it made on June 6th. This would mean a closing price of $3.21 which is a 21% increase from the current price. My initial point of interest would be the bottom of the gap, as WOOF price reached the bottom of gaps almost 95% of times. - The best scenario that we all hope to achieve is to see WOOF reach $3.58, which would be a 35% increase as of the current price. This price would take longer to achieve as well... we still got a long ways to go. I don't think we will be seeing that for another two weeks. My sentiment on WOOF is extremely bullish. Just for reference, this company that has beat 5 out of 6 earnings, an eps that has increased every single time, P/S of 0.12, and an insider holding of 51.77% tells me that this company has a very solid foundation. In addition, WOOF has always held on on the $2.50 dollar range before (March 2025, August 2024) which tells a strong reversal is about to happen. Of course what I wrote here is not financial advice and of course this post would be slightly skewed to the bullish side as well... I'm bullish. This post, like any other of my posts, are to help other traders who have a similar sentiment as I do but aren't really aware of the key points of resistance of the stock. Please, before any trade, do your own research and that there is always a risk of losing money. Have an AMAZING weekend traders and GOOD LUCK!