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CHPT Charging Lower? ChargePoint Holdings - Short Term - We look to Sell at 19.33 (stop at 21.51) Preferred trade is to sell into rallies. We have a 50% Fibonacci pullback level of 19.97 from 28.72 to 11.21. Previous resistance located at 20.00. The medium term bias remains bearish. Our profit targets will be 14.34 and 11.40 Resistance: 20.00 / 29.00 / 35.00 Support: 15.00 / 11.00 / 10.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:CHPTShort
by Saxo
EV chargers run uot of charge themselves..!As you can see in the charts lower prices are very likely in these 4 EV chargers companies..! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NYSE:CHPTShort
by Moshkelgosha
1
Is the Sell-off Done in Independent EV Charging Stocks?After an eventful 2021, with EV manufacturer speculation at record highs despite recent deflation, the three most visible independent EV charging station stocks (CHPT, BLNK, VLTA) have had a mostly volatile year with a downward bias after the beginning of the year. Although valuations can still be considered rich given the YTD performance of these three companies and ongoing multiple contraction, the long term growth potential and regulatory tailwinds indicate growth from here is all but guaranteed, especially since the EV manufacturer market is expanding and the expectation of a single manufacturer covering the convenience charging needs of all of America and the world may seem farfetched. Range anxiety of the consumer will presumably mandate EV charging neutrality. The current market share leader of the three, CPHT, seems to be adequately executing a blank check philosophy in pursuit of growth given recent quarterly losses and with the highest sales, some of that growth is undoubtedly priced in given the current market cap. Given the energy revolution taking off and the massive total addressable market, is it possible there will be room for all involved to grow? Of the three mentioned in this post being all near critical support levels, which would you count on to capture most of the growth of this upcoming sector in 2022? Or has the bottom yet to come?
NYSE:CHPT
by MechInvest
$CHPT sniper edition #3*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* Recap: My teams trading history with $CHPT is nearly perfect. Somehow we just always seem to get this one right. Our average price per share before averaging up today was $20! (View previous postings for details) My team averaged up on our position today at $23.29 per share bringing our share average up to 21.11. We have also lowered our take profit 2 from $42 to $32 per share. 1ST ENTRY: $20.7 2ND ENTRY: $19.35 3RD ENTRY: $23.29 TAKE PROFIT 1(HIT): $28 TAKE PROFIT 2: $32 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CHPTLong
by SimplyShowMeTheMoney
Charge point We have some bearish candles around the point of control for CHPT. Anything under $20 is a steal in my opinion. Price has retraced below 61% of the previous low. I want to see if the 88% area ($18) could be seen before we see the true retracement of the previous high. This is the 4th time we've been in this area since earlier this July. Price retraced 38% once, price has reached 61% two times. CHPT retracing 61% of previous high would be a retracement of 61% of the previous high. Let's see what happens here.
NYSE:CHPTLong
by Redimere_91
⚡️ Chargers, electric vehicles and infrastructure plan...On Friday, November 5, the US Congress approved a $ 1.2 trillion infrastructure plan. The plan envisages investments in roads, bridges, railway infrastructure, expansion of access to clean drinking water, development of access to high-speed Internet, and "greening" of the infrastructure. The last point implies the creation of a national charging network for electric vehicles, and will also have a positive impact on the development of the industry related to the production of vehicles on electric traction. Investments in expanding the network of charging stations on highways will amount to $ 5 billion. Also, $ 2.5 billion will go to expand the network of charging stations for other ecological modes of transport, for example, on a hydrogen engine. Another $ 2.5 billion is planned to be spent on the electrification of school buses. Today, shares of manufacturers of charging stations for electric vehicles are on the rise of $ CHPT and $ VLTA + 13%, $ BLNK + 15%, $ EVGO + 30%. In this post, I will focus on the company with the largest network of charging stations in the United States. ChargePoint Holdings is an American electric vehicle infrastructure company based in California. Operates the largest network of over 140,000 independent charging stations in 14 countries. ChargePoint has over 5,000 corporate customers, 76% of which are Fortune 50 companies. The company began to build charging stations 10 years ago, the main business is focused on the markets of North America and Europe, coverage is also available in South America, Africa and Australia. Interaction with the charging station and payment is carried out through the ChargePoint mobile application. The company has three areas of activity: retail, corporate and fleet maintenance. In addition to its EV charging services, the company makes money by providing a cloud platform for managing charging stations and scheduling EV charging. To expand this area, ChargePoint acquired the European fleet management company ViriCiti in early August this year for $ 88 million. .clients in the maintenance of the park. Also this summer, ChargePoint acquired the "Has to be" company in Europe for $ 295, whose flagship product is the eMobility, a hardware-independent cloud platform. It should improve the efficiency of customer service and system reliability due to the constant growth of the charging infrastructure, as well as add 2,500 network ports and 3,500 corporate vehicles for service. The company is a pioneer and one of the leaders in its field, the growth of the fleet of electric vehicles around the world will spur demand for charging stations, to which the company adds more than 2,000 annually. 🔧The price of $ CHPT is moving in a downtrend, now the price has approached the slope. The positive news background is likely to catalyze the breakdown of the downtrend. Further, we expect the formation of a protorting in the zone of accumulation of horizontal volume and then the assault of local maximums. Draw in support blocks $ 19.5-22 (intermediate), $ 16-19 (main), stop - fixing below $ 15. 🎯 Targets $ 32/36. NOT IRR.
NYSE:CHPTLong
by Trader_Ivankov
$CHPT my team is up 40% we keep winning*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* Recap: 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 since, but on Friday 9/10/21 my team opened a new position in $CHPT at $20.70 per share. We also had a buy order at $19.35 which was activated a couple of weeks ago. My team had set our first take profit at $28, but we were able to exit pre-market at $28 this morning capturing a 40% gain. Going forward my team will be looking for further entries so that we can accumulate more shares before we hit our take profit 2 later down the road. Congrats to those of you who this this trade with us! 1ST ENTRY: $20.7 2ND ENTRY: $19.35 TAKE PROFIT 1(HIT): $28 TAKE PROFIT 2: $42 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CHPTLong
by SimplyShowMeTheMoney
4
A comparison between EV Chargers!1- CHPT: ChargePoint Holdings, Inc (CHPT) is the largest network of Electric Vehicle charging stations in North America and Europe - and provides solutions through a capital-light model free of monetization of both energy and driver utilization. The company maintains over 70% market share of networked L2 in North America with over 5,000 customers. Market cap: 7.79 B Short interest: 5.38% 2- VLTA: Volta, Inc. operates a network of smart media-enabled charging stations for electric vehicles. The company was founded by Scott Mercer and Christopher Wendel in 2010 and is headquartered in San Francisco, CA. Market cap: 1.4B Short interest: 1.96% 3- BLNK: Blink Charging Co. engages in the operation and provision of the electric vehicles, charging equipment, and networked EV charging services. Its product line and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006, and is headquartered in Miami Beach, FL. Market cap: 1.3B Short interest: 30.8% 4-EVGO: EVgo owns and operates the US' largest public DC fast charging network by the number of locations and is the first EV charging network in the nation powered by 100% renewable electricity. The company was originally founded by NRG Energy in 2010 and listed publicly via a SPAC merger with Climate Change Crisis on July 1st, 2021. Market cap: 702 Million Short interest: 13.07% As you can see the price pattern of these companies has a significant positive correlation..! which means regardless of their fundamentals they move in the same direction! However, only blink has the chance to experience Short or Gamma squeeze in the coming weeks because of the high short interest%..! For long-term investors, better to keep in mind these companies should compete with Tesla, no need to say all of them together are worth 1% of the TSLA market cap! It is highly unlikely they can compete with TSLA in this sector! I believe the most recent move was due to the Biden infrastructure bill..! and they could experience a correction! I am watching blink for a potential squeeze opportunity!
NYSE:CHPTShort
by Moshkelgosha
6
$CHPT Oct Update *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 $20.00 Recap: 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 had a buy order at $19.35 just in case $CHPT decided to trickle down to previous support levels in such price ranges. Things are looking great here for us guys at @SimplyShowMeTheMoney to say the least. The candle on todays close is a true beauty. My team has set our first take profit at $26.5. We speculate that the EV market as whole is due for a massive rebound due to semiconductor production recovering this fall. Expect our team to capitalize on this opportunity and many others. Winter is coming... ORIGINAL ENTRY @$20.7 BUY LIMIT HAS BEEN ACTIVATED @$19.35 TAKE PROFIT 1 @26.5 TAKE PROFIT 2 @$42 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CHPTLong
by SimplyShowMeTheMoney
2
is $CHPT ready to charge once again?*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 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CHPTLong
by SimplyShowMeTheMoney
6
$CHPT chart request@xbullbear not sure what you're trading (shares, spreads, naked options, etc.) but from a technical perspective CHPT is at a good demand zone/support, however trend is not signaling up yet. If I was looking long, I'd wait for a break out of the wedge (dashed line) first, and the 21EMA with confirmation similar to May's price action. An alarm set at $22 would work or a limit buy if you're short term trading up to volume resistance at 26 zone. A longer term buy idea would be to wait for $26 resistance to break which should send this to $30+ and higher. Fundamentally they need to start turning a profit to justify the long term bull case. Hope that was helpful ! :)
NYSE:CHPT
by FriscoTrades
5