Shares of Chewy (NYSE: CHWY) hit fresh record highs yesterday after the company reported higher-than-expected quarterly earnings. The buyers are now likely to target a trip towards $54, where the next resistance is located. Fundamental analysis: Chewy beats estimates Chewy, an online pet product retailer, reported a loss of $0.15 per share compared to expectations of $0.17 per share for the quarter ending February 02. Revenue matched estimates, coming in at $1.35 billion, up 24% from $1.09 billion in the year-earlier quarter.  “We completed 2019 with strong fourth-quarter results, delivering net sales growth of 35% and expanding our gross margins

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