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Chegg, Inc.Updated

Possible bull continuation at the bottom of a forming triangle

Triangle formation at 1D time frame. It is resisted three times to the long side along the trendline. It also supported two times the second time with a hammer at the bottom. I could possibly continue up to the bull side if we get one or preferably two more confirmations to enter. It could also retest and continue down to the main upward trendline, but again we need more confirmation to enter either side, but for now I am inclining myself more to the bull side.
Trade active
Entered @ 63.07
TP @ 78.88
SL @ 57.82
gsotolongo
Bullish PatternsCandlestick analysiscandlestickpatterncontinuationpatternsHammerSupport and ResistanceTrend LinesTriangletrianglepattren
gsotolongo

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