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 is $55.
Below is the old chart.
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 is $55.
Below is the old chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.