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RobertTheTrader

CHGG: Winner In A Remote Learning World, Testing Triple Top

Long
Chegg, Inc. (NYSE:CHGG)  
RobertTheTrader Mis à jour   
NYSE:CHGG   Chegg, Inc.
Trend Analysis Support and Resistance Double Top or Bottom
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trendanalysis supportandresistance doubletoporbottom
Best self-help/tutoring for higher education on the internet. They limit users on accounts, so it's not like NFLX where 10 people use one paying account. It is a massive help for remote learning as students have less access to teachers. It is breaking through it's triple top currently, and I believe a quick move to $100 is in the cards if momentum continues.
Commentaire:
$CHGG now at ATHs, I will be a seller in 110-120 range. Want to also hold going into next earnings, as i believe they will have a very strong Q4 from colleges going back to school.
Commentaire:
Pullback the past week in this name has opened up a great buying opportunity into the name. Targeting 6 month $135 PT
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