Chegg is DeadFully in Person by Fall 2022 academic semester. Almost all textbooks are online free! Limited-no access to "resources" for assignments/exams in the in-person setting. I don't like outlook.
CHGG
CHGG Chegg Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CHGG Chegg prior to the earnings report this week,
I would consider purchasing the 10usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CHGG - Picking the BottomAttempting to see the bottom as it approaches the channel bottom
The lower level of this channel is a strong support line for price and could be considered a bottom point
Weekly chart for CHGG
CHGG oversold on several indicatorsPurchased 150 June 17th $17.50 calls. Stock is at $17.30, looking for a bounce to $20-21 range or fib .618
Chegg (NYSE: $CHGG) Tops Q4 Earnings and Revenue Estimates 🎯Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them to learn their course materials, succeed in their classes, and save money on required materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its print textbooks and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math solver, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various Chegg Services product offerings, including Chegg Study, Chegg Writing, Chegg Math Solver, video content, and practice quizzes, which creates an integrated platform of connected academic support services; and Thinkful, a skills-based learning platform that offers professional courses in the areas of software engineering, UX/UI design, digital marketing, data science, product management, data analytics, product design, and technical project management directly to students. The company also provides other services, such as Chegg Prep and internships; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.
ONCS - WEEKLY CHART DOUBLE BOTTOM? IS IT POSSIBLE? WILD.All,
I mean you can't tell me this isnt a textbook double bottom if this was on 5M its a buy. Crazy on a weekly chart. Would be a huge long position and wouild have to hold. Interesting. If this bottom holds here might actually buy and hold some just to see if we can get a 3-4 PT hit.
CHGG 200% PROFIT POTENTIAL (LONG ENTRY)NYSE:CHGG just had a huge dip today, which I believe is a overreaction to the current market conditions and company fundamentals. NYSE:CHGG is a solid continue and most likely its price will continue to increase from this level for a 200% profit opportunity as shown on the chart.
Good luck,
Your Ganbu
⚠️ Let me know your feedback and comments below!
⚠️ Follow me if you would like to see more analysis like this
CHGG Bounce??- Currently in a downtrend on the daily chart (50MA below 200MA) but still in an uptrend on the weekly chart (50MA above 200MA).
- Support near 54.80.
- CAUTION: $10 gap below (between $44.33-$53). CHGG could fall through support near 54.80 and attempt to close the gap near $44.33.
- Earnings on Nov. 1st. Could go either way... 50/50.
6-10 Week Outlook: Could drop to $56 before climbing back near $64.50
Hopefully this will help you formulate your own trading strategy for CHGG.
Buying this dip in CHGG We have traded Chegg all the way up to $100+ before, Now is a great opportunity to buy!
CHGG WeeklyNYSE:CHGG weekly is ready to continue its uptrend. Last week gave a very bullish outside engulfing bar right as the 5 EMA crossed the 20 EMA. It is a very strategic spot and it is aligned with the MACD crossing up as well.
Bullish on CHGG(This is not financial advice)
Another consumer staples play here. I like check bouncing off this support after meeting earnings. I think consumer staples will see a good push up here after lagging last week.
Thank you!
- Vlaire
CHGG UptrendCHGG multiple pennants, gapped up above 50 days SMA line, sitting ontop of key support, and possible retest on the broadening wedge. This is not financial advice, I am not advocating the buying or selling of CHGG stock.
CHGG BUY OR LONG TARGET $120CHGG confirmed a "Rectangle Pattern" at $91.30
CHGG buy : $91-$93
CHGG target : $120
Stop Loss : 5%
Wish you a good deal!
$CHGG Can we see $100?Took a position in CHGG last night and trimmed it today, looks good for a continuation, looks good to $98 then $100
CHGG BreakoutHello!
A double bottom/ rectangle top breakout here on CHGG that confirmed today with a retest to the new support at 88.5.
Short term target according to the pattern would be 114.5
Share your thoughts! :)
CHGG possible breakout Testing ATH. Slight breakout today for quick day trades but if it can claim over 91 with momentum it will pop big time to the upside imo
Ichimoku entry CHGGWorked in October, let's try it again!
Stoploss at 79.66
set trailing stop of 1.48 when price hits 88.58 lets goooo
$CHGG Inside Daily Gap Fill 12/15- 12-18$CHGG currently filling its daily gap, First PT is $85 for a short term play. Expect consolidation around previous high. Look for a possible Cup and Handle on the daily when the Gap is filled.
