CHGG - Long Trade Idea

CHGG’s sell-off has been brutal, a direct consequence of AI disruption. The future remains uncertain despite the company’s efforts, including share buybacks, the introduction of AI tools, and major restructuring initiatives.

From a technical perspective, the charts present an opportunity to long CHGG at $2.40–$3.70, with a stop loss at $1.70. This setup offers a risk-reward ratio of 2:1, making it an attractive trade for those willing to take on some risk.

Not Financial Advise.