Chegg Inc (CHGG - NYSE) has completed 4th wave in WXY correction double zigzag. It starts moving up in 5th final wave up, where it made 1st subwave up, now wait for subwave 2 to complete down side along with market today. Keep eye on invalidation level as stop level. Thereafter 3rd subwave will start moving up.
CHEGG Storng Earnings with recent analyst upgrade and history of surpassing consensus estimates. wait for the retracement on the fibnodes in the 46.90 / 47.00 area TP 70,00
Stop at 55.46. Price target: top of the channel. Timeframe: 5-8 days.
Chegg Inc (CHGG - NYSE) is in 5th internal wave of 3rd up. It is in 2nd internal wave of 5th up shown in chart, which is about to over and up cycle will start. Wait for confirmation to up wave after 2nd wave over. In weekly time frame in ABC is in up move, where C wave is in progress.
$chgg is the new college website that you can basically *cough CHEAT cough**... i mean, get TAs to answer all your homework questions for a fee. What college kid isnt going to spend the extra money to get chem 202 homework questions answered so they can pound whiteclaws with they boys. I think with the rise of online college after CV, we get another boost in the...
Look for it to break to the downside and find the gap
CHGG was one of the best performers in Lagunita's Portfolio. This week they beat the earning for Q1 as expected. The demand for studying online led to sales in CHGG. However, this is too late for CHGG entry. People might sell to take profits tomorrow. This stock will be down by 25% by the end of the summer ( school cycle). Ideal price: $35 Target Price for CHGG...
CHGG has high possibility of hitting 52 weeks high($44) in next few weeks if it continues above the flat of the triangle. Potential target is $43.
Briefly: Chegg is a study tool for students. They provide answers, samples test questions for students in many different subjects, as well as helping them to get good scores. Recently, Universities and Schools are moving to online platforms to teach students. Without a traditional lecture - in class, new changes will create opportunities for online lectures and...
Possible long entry pore earnings $43.18 Target price $48.00 Stop loss $41.70 Short interest 17% Company profile Chegg, Inc. engages in the operations of learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades, and test scores....
CHGG long play, 1% max loss. Price action looks like a good consolidation. Purchased position @ $39.14, Stop is $38.24/ Limit price is 40.94 2:1 Ratio Win Loss, Lets see if it moves up into a higher position.
They rent textbooks to students and help with studying for tests. My assumption is that the value minded on wall street will soon ask where can I find 25+% growth and give up on their value sensitive ways. A break out seems at hand.
looks nice look like we can take here 2$ per share for low risk