CHGG 72

By tunripboyo
yo yo

alright, so Chegg is something that has helped a lot of college students over recent years. This is good news for the long haul. It's been trading in the channel following the gap up. It broke out of the channel but was unable to hold up there. It fell but the new low was higher than previous so that's good. That gap-up had a long volume stick and the started a nice 8-day bullish run. After that one long volume bar, the volume began to go back to normal again. On Friday you see another spike in volume following the dragonfly doji candle (bullish). My prediction is that it goes to 72 dollars. Hopefully, it works out :) New resistance is 70.


good luck, trade smart


this is not financial advice and this is only what I can see. Still new and learning but trying :)


will check back in a few days :)
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tunripboyo

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