Keeping things simple today. Chegg is at the edge of breaking out or falling apart. But based on how much it has declined already, I think this would still be a decent entry-level if you are looking for both speculation and investment.
In the short term, I think it's okay to eye for the .236 fib retracement level, as you can simply capture a rebound wave. In the long term, it would be excellent to aim for both MA 200 and MA 50, which provides a better return but possibly a way longer investment period compared to the previous one.
To summarize, 35ish for a conservative investment, 45.71 for a moderate investment, and 50ish ~ 65ish for a long-term investment.
- By Qtaro
In the short term, I think it's okay to eye for the .236 fib retracement level, as you can simply capture a rebound wave. In the long term, it would be excellent to aim for both MA 200 and MA 50, which provides a better return but possibly a way longer investment period compared to the previous one.
To summarize, 35ish for a conservative investment, 45.71 for a moderate investment, and 50ish ~ 65ish for a long-term investment.
- By Qtaro
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.