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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
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
..... lower with a close below 37.00 confirming expectations. #Resistance at 58.25 is formidable but main objective remains 65.45.

CHGG 3/4
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