Shorterm Upwardtrend on CHPT, bullishAt the bottom of this step down trend (confirmed by the illustrated black crows), we have a bullish harami on 1/11/2022. Sellers could not point CHPT lower than its support around 15, so it should trend up.
CHPT trade ideas
MFI says CHPT is about to ripCHPT is showing bullish divergence on the MFI indicator. This is a clear steal at this price, I'm sure institutions are buying up shares via dark pools. Buying calls here. Easy win.
CHPT Call BreakdownLooking at the bigger and smaller timeframe ,
as you can see , we have few confirmations right here for our call opportunity ,
in the bigger timeframe , we can see a supply and demand come into play ,
price failed to break below as demand held the price , means demand remained strong in that key area ,
if we zoom in the smaller timeframe , as you can see , we have seen price broken out of the structure ,
and we can see price is making an inverse head n shoulder and if we drag swing low to swing high by using fibonacci retracement ,
we can expect price to reject in the 50 or 61.80% area ,
a good RR 1:7 for this trade , remember to trade with your own risk.
Give it a like or comment if you like this idea .
Happy New Year 2022 , Wish we all become a successful trader this year !
CHPTPlease provide a meaningful and detailed description of your analysis and prediction. Walk us through your thought process. Put yourself in the reader's shoes and see if you would understand the context based on what you wrote. Clearly state profit targets and stop loss areas help clarify any trade idea.
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?
Descending TriangleCHPT is showing a descending triangle pattern on the monthly charts. However, the RSI and MACD are showing bullish divergences from the current trend. This stock has established solid support around $19 and looks prime for a breakout of its current pattern
lots of potential outcomes here⚡️ I'm very neutral on this CHPT chart! over 25.5s trendline resistance we can see a big breakout, under 16 support we can more pain.
Also stuck between local support/resistance. Its very possible it stays range bound for a while! so trade smart.
goodluck, like and follow for more 💘
CHPT Analysis - Start of an upward trend Chargepoint appears to be holding up well above $18. It seems this will be the low and an upward trend will start to happen between now and March 2022.
Basing this on trend lines, elliot, and chargepoint moving forward on its roadmap.
CHPT - ChargePointBought on the close as CHPT closed above the $20 level after a >30% decline. The stock also undercut its lows on the week before rebounding quickly.
Looking for a rip off this $20 level as it has done in the past. Will look to take some off at the 100-day & 200-day moving averages if we do get the pop.
Very tight stop loss, just under today (FRI 12/10) lows.
$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
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 ($18) could be seen before we see the true retracement of the previous high. This is the 4th time we've been in this area since earlier this July. Price retraced 38% once, price has reached 61% two times. CHPT retracing 61% of previous high would be a retracement of 61% of the previous high. Let's see what happens here.
CHPT Buy on DipsNYSE:CHPT
Enter Criteria
1) MA Shade Green = Uptrend
2) Share Price Above EMA 50 Bullish
3)FiFT +ve Strong Bull
4)Faster Turtle Buy
5)MCDX Banker 63% (Banker in Control)
6)Atom bounce from middle of river
7)Risk 6 to 7 %
8)Buy on Dips Type 1 Strategy
CHPTLONG setup to POC for potential 9% gain.
Bottom POC is nice support
Top POC heavy selling so take profit!
Chip swing idea Chips is currently oon an uptrend , bouncing off its support of 19.11.
All technicals point to a buy
Strong contract volume at 1/21/22
Chips made high around December - January of last year
Infrastructure bill passed
An race to ev
All catalysts for movement
Pt 30, 35, 30
Charge point If we break 28.40 and hold would
Be a big breakout. Could be gearing up heavy. Not much time left in this pattern consildation. TArget is 58$ with the exception of old High of 50$
⚡️ 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.
bigger breakout on the horizon for chpt🚀CHPT currently attempting to break top trendline resistance! this could be the start to a big breakout to new highs if it breaks and holds above trend resistance.
risky stop loss 17.6, conservative stop loss 25. price targets 38.42/48.83/59.4 🌚
