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CHGG

CHGGChegg (CHGG) closed at an all time high today along a strong support. It is showing some resistance at around the $79.50 level, however with earnings on Monday 8/3, it may look to consolidate/run up pushing new levels. If it breaks 79.50, I am looking for a first price target at 82, and a second price target at 85. Previous two quarter ER's were misses, however last quarter's ER market reaction showed a gain of $22, and with a new ATH today CHGG may look to continue pushing upwards.
NYSE:CHGGLong
by nmatto
CHGG 72yo 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 :)
NYSE:CHGG
by tunripboyo