Pet e-tail stock Chewy Inc (NYSE:CHWY) is 0.2% higher to trade at $37.50 last glance, while sporting a 29.2% year-over-year lead. The $36 level emerged as a floor for CHWY after a pullback from an early September rally to its highest level since late June. Now, a longer-term trendline that coincides with that level of support indicates the shares have more room to run.Per Schaeffer's Senior Quantitative Analyst Rocky White, the equity is within 0.75 of the 260-day moving average's 20-day average true range ...

Group 1 - The tech sector is demonstrating resilience in a volatile market, with Uber Technologies, Inc. showing a significant shift in investor confidence as its stock performance improves [1] - Uber's shares consolidated after breaking above a key resistance level of $93.55, indicating strong momentum and potential for further upward movement [1][6] - The stock is currently above its 10-day, 50-day, and 100-day moving averages, indicating strength in short-term, intermediate-term, and long-term trends [4][6] Group 2 - The bullish dynamic suggests that previous sellers at the resistance level have exited the market, which may facilitate further price increases for Uber [8] - Analysts assess market strength across three time horizons: short-term, intermediate-term, and long-term, with Uber displaying extreme strength across all three [2][6]