Chegg, Inc CHGG

acj19699

Overvalued to undervalued. About 175MM in free cash flow for 2021. 12.5% growth over 2020. Even a modest growth or near term slow down, intrinsic value is about at $50 a share, more time and average growth rates is pushing $60/ share by 2023. Very smart management, evidenced by the doubling of convertible notes issue in August 2020, sold at the top...

tony_dav_

Disclaimer: I am already in this position from 35.68 (-5% from current price) but I plan to add more at support levels, with a profit target above $50 Idea: Swing long $CHGG from earnings miss, big gap down. Rationale: While their earnings were not good, it wasn't that bad. They have $Billions in cash on hand. Have announced a buy back. All Analyst ratings...

teggyx96

Time to go long, time to get for the long term buy buy buy

Ganbu

NYSE:CHGG just had a huge dip today, which I believe is a overreaction to the current market conditions and company fundamentals. NYSE:CHGG is a solid continue and most likely its price will continue to increase from this level for a 200% profit opportunity as shown on the chart. Good luck, Your Ganbu ⚠️ Let me know your feedback and comments below! ⚠️...

Bart10000

I am long on this... It plunged over 45% today.... I am in the trade.... Hope it makes a nice bounce!!!

SnipersCapital

if price closes below $25.50 I am going to look for exit and look for other opportunities in the big market. Analyst Hassan Adde.

JetEquities

CHGG: Chegg, Inc. 2021-11-29 09:00:00 Chegg Announces Proposed $300 Million Accelerated Share Repurchase

gmaster29

Chegg - Head n Shoulders - Support at 25.89 and 22.67 , it bounce off to test 31.3 short term.

burtnette

Oversold at the 0.618 retracement. Earnings Monday. Small long position for me that I will hold through earnings.

PerCent_Investments

- Currently in a downtrend on the daily chart (50MA below 200MA) but still in an uptrend on the weekly chart (50MA above 200MA). - Support near 54.80. - CAUTION: $10 gap below (between $44.33-$53). CHGG could fall through support near 54.80 and attempt to close the gap near $44.33. - Earnings on Nov. 1st. Could go either way... 50/50. 6-10 Week Outlook: Could...

TreyTrades3

We have traded Chegg all the way up to $100+ before, Now is a great opportunity to buy!

paulwongsh

Testing 3 times major support. Currently oversold. Still in major downtrend. May whipsaw up. Potentially a good short term trade to near term resistance at 67 and 72.

TrueTraderOfficial

With Chegg I would look too short a hard spike up into the 96-97 area where you have a quarterly and monthly pivot, or I would look to buy a hard flush down into the low 70s where you have a monthly quarterly and annual pivot all stacked together.

TechnicallyCorrect

NYSE:CHGG weekly is ready to continue its uptrend. Last week gave a very bullish outside engulfing bar right as the 5 EMA crossed the 20 EMA. It is a very strategic spot and it is aligned with the MACD crossing up as well.

dafster17

NYSE:CHGG Was all over this one Thurs into Fri. These setups have been going ape lately. No position right now. Looking for a pullback entry or a break above res pullback entry. Earnings 16 days out gives it some time for the pre earnings move on this break!

TrendHero

Consolidated above the resistance line for a couple weeks before finally breaking out of the pennant today. Hope to see more volume and take off!

iamphatboy

$CHGG Closing above trendline sets this up for a large move to the upside and a long-term bullish trend reversal. Earnings expected around August 09, 2021. Missed last earnings for the first time since 2017. A positive earnings could send this on an aggressive uptrend.

AnaBloemkool

CHGG: bullish flag above the strong level looking to go higher Analyst upgrades with 115 target