*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
After correcting from a previous all time high of $49.48 CHPT now sits at $20.68.
My team was extremely successful in capturing massive gains from CHPT this year during its June rally. We exited CHPT capturing most of our gains at the top and have been sitting on the sidelines for the past few weeks, but on Friday 9/10/21 my team opened a new position in CHPT at $20.70 per share. We also have a buy order at $19.35 set in place in case CHPT decides to trickle down to previous support levels in that price range.
My team speculates that the EV market as whole is due for a massive rebound due to semiconductor production recovering this fall, and we plan to capitalize on this opportunity.
ORIGINAL ENTRY @$20.70 BUY ORDER @$19.35 TAKE PROFIT @$42
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