jaxdog

$CHGG Bull Flag?

jaxdog Updated   
NYSE:CHGG   Chegg, Inc.
Earnings and guidance beat for $CHGG on 6/9. Adding to my watch list. I like the looks of this Bull Flag here. I'll be looking to enter on a close above the trend line and over the round number $60.00. I'll also want higher than average volume on any beak-out. Ideas, not trading advice.
Trade active:
Opened a 1/2 position on 6/16/20 @$60.45. I'm looking to add more over $62. I'm running a tight stop on this one @ $59.00
Trade closed manually:
6/16/20 - Closed this position less than 1 hour after purchase because it's not acting as I want and has dropped to low of day. Closed @ $59.40 for a small loss. Still on my watch list.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.