CHPT is down over 60% since ATH and escaped the downtrend, but yesterday the company announced to resale of up to 5.7Mil shares. Expect to see a pullback, price action may retest the demand zone. I expect to hold if the overall market doesn't sell off. Option Sweeps are over 96% bullish for $21 strike price (cheddar flow) for next summer. This is a good R/R and will add to my portfolio. Good luck everyone.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.