Wednesday, March 9, 2016

Elliott Wave Stock Trading - Chegg on Watchlist


The Chegg wave count and technical setup is appealing from a bullish perspective. I am simply waiting for bullish confirmation to get long a call option or call spread.

On a sour note, my gut was right in knowing I would regret re-entering the EURAUD trade as I was stopped out last night for a loss of 113 pips.

PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.

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