$CHPT - how low will it go?The price has been in decline and RSI just entered into the oversold territory. Can it find some relieve from selling pressure?
My guess is that it will go to $13 which is the next support. If $13 fails, $10.50 could happen.
Watching from side lines until clear reversal or bottom is found.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.