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Analysis: #NYSE $CHGG
Case 152 #Chegg Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#CHGG 1/4
Case 152 #Chegg Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#CHGG 1/4
Chart 1
Weekly Chart: The long term trend is #bullish but upside #momentum has slowed considerably and struggling to break above 44.50 cleanly. We shall allow price to correct .....
CHGG 2/4
Weekly Chart: The long term trend is #bullish but upside #momentum has slowed considerably and struggling to break above 44.50 cleanly. We shall allow price to correct .....
CHGG 2/4
..... lower with a close below 37.00 confirming expectations. #Resistance at 58.25 is formidable but main objective remains 65.45.
CHGG 3/4
CHGG 3/4
