CHPT has been on a downtrend since September 2022 forming lower highs and lower lows. The triangle formation is nearly complete. If CHPT bounces from support level of 7.32, it will go into a steady uptrend, reaching its price target of nearly 15 by mid-2024. If the stock loses the support level of 7.32, it may as well reach 5 by end of year.
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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.