50% retraced

motleifaul Updated   
NYSE:CHGG   Chegg, Inc.
By Fibonacci rules we have retraced 50 % of the rise since September which is almost the August high. In November there has been a window opened. At the same time there is still an open window since May. Given the rise above the important Moving average and the failure to close the windows we may test the November highs again.
Trade closed: stop reached

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