HaleyZhao

CHGG: Buy at $89.92 Profit at $112.4

Alış
NYSE:CHGG   Chegg, Inc.
Have you ever needed to buy textbooks for your college classes? Most likely you have went to Chegg.com to rent or buy a textbook but now Chegg is much more than a place to buy/sell textbook. It is a whole online service platform that can provide tutors, Scholarships, and even Internships that shows in the sales and earnings below:

Quarterly Sales
Sep19: +27%
Dec19: +31%
Mar20: +35%
Jun20: +63%

Quarterly Earnings
Sep19: +157%
Dec19: +40%
Mar20: +47%
Jun20:+ 61%

There is a great technical setup that is forming. Currently there is a Cup without a Handle but could easily form a handle in the coming week or so to shake out the last weak holder.

Enjoy the analysis. :)

For more information on Cup and Handle Analysis click here:

Learn more on Stocks Over Coffee Podcast

All ideas are for information purposes only. I may or may not invest in the stocks discussed.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.