Chegg, Inc.
Long

CHGG tough but not impossible

If you have seen my previous posts, then you k now the drill Monthly in Red, weeekly in Blue and Pink for short term

CHGG has dropped like a rock but then 78.6% Monthly fib level did become magnet, never ever it has closed monthly below 78.6% I know we are left with few more days this month but I doubt that it will close below red line. Now with that assumption we have a ABC pattern short term and the target you can see 100% or little more than that around 32+ but eventually if I am right then I will see this at weekly 23% level at around 40. My opinion, spend some time yourself in the chart, do not listen to anybody, do your DD. If I am helpful then great. Good luck.

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