CHEGG INC NYSE:​CHGG

CHEGG Potential short on this name on a bounce back to the $40 area - this is NOT for retail traders. Looking for a 40% eventual drop with deep itm puts. Do your own DD. #stocks #trading #options #fintech #Puts

$CHGG Hanging man candle forming on daily chart, after tagging upper channel resistance today. See chart for possible near and medium term targets. Note: Informational analysis, not investment advice.

Chegg is a up and coming tool used by students for textbook needs. Subscription based programs are continually on the rise and given the outrageous status of textbook ownership across north american institutes they have managed to continuously grow. However with a recent data breach, lawsuit, and general correction in the NASDAQ (QQQ), CHGG is beaten down....

3B market cap - overvalued ~300 million revenues still negative net income earnings report risk 10/29/18

College season back in full swing and we see $CHGG flagging. I expect some upward movement from here

CHGG: chegg inc 2018-02-12 16:05:08 Detected possible increase in guidance

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$CHGG hit this level in the past and bounced, may repeat itself. Im not in this trade, but its a good look. Set a tight stop. Trade at your own risk.

Trade looks so easy to make. Wait for RSI to break green uniformity line with good volume and conviction