May 30, 2020, 6:14 pm EDT
Actual Trade 2020 CHGG +43% Profit
- Online education media and textbooks became necessary during COVD-19 school shutdown
- Chegg Inc (CHGG) appeared to be strong demand so its stock price made multi-months high around 44 intraday high before earning report
- Entered into CHGG before earning in betting positive earning result on May 4 at 43.51
- CHGG performed well after earning with +25% gap-up and kept running higher
- Took short-and-sweet +43% profit on May 11 at 62.30 for one week holding period