CHPT ChargePoint Holdings Options Ahead Of EarningsLooking at the CHPT ChargePoint Holdings options chain, i would buy the $17 strike price Calls with
2022-9-2 expiration date for about
$0.33 premium.
Looking forward to read your opinion about it.
CHPT trade ideas
Defined Risk Strategy on CHPTThe Biden administration approved the first $900 million (of $5 billion) in spending for EV charging infrastructure, sending stocks like QS, BLNK, FSR and CHPT soaring with the announcement and then neutralizing today. The 50 and 100 EMA's crossed, which some might say is a buy signal, but the RSI tops are sloping slightly down -- uncertain if it will trend down briefly.
Here's how I'm defining my risk, sacrificing a bit of upside for downside protection. This makes up to 22% (35% annualized) while also cushioning ChargePoint from a fall of up to 46% (to below $9.81, through 5/19 next year) before my investment breaks even.
Hedged options:
Buy 1 $18 call
Sell 1 $22 call
Sell 2 $10 puts
Exp 5/19/23
Capital Required: $1994.64
Blackout coming on CPHTTrade thesis is pretty straightforward on this one:
✅Rising wedge
✅Bearish divergence on the daily chart
✅Lower risk area for a short here with a defined stop
✅Macro bearish environment
CHPT: Intraday Bullish EngulfingCHPT: Intraday Bullish Engulfing identified on 65m chart. Clean breakout post Credit Suisse coverage initiation in the premarket session. KL's to watch are 15.60, 15.87, 16.00; Breach and > 16.00 is on watch for a gap fill. Downside KLs 14.87, 14.61, 14.00: Breach and <14.00 is on watch for a gap fill// Bias: Neutral to Bullish short term, Beta: 1.96 ATR: 4.21, IV: 83.22%
I’ve been short selling every popThe trends your friend and current monetary policy makes everything bearish
This trend is pretty defined. I wait for resistance on a one minute chart before entering.
Under the 1 day 200 Ema
CHPT big upsideCHPT broke a trendline in July of this year that started in January 2021, after a large push up the stock has regressed back to the trendline and bounced off nicely. With earnings for CHPT only 8 days away, depending on the results I believe this could be the start of a huge rise in the stock.
AGAIN, be weary of buying anything before or after earnings. However, based on positive recent publicity and the stock trend, things are looking very good for CHPT. If you have the risk appetite I would be a buyer and long-term holder
ChargePoint posting higher lows? ChargePoint Holdings
Short Term
We look to Buy at 15.89 (stop at 14.18)
Preferred trade is to buy on dips. Previous resistance at 16.00 now becomes support. We have a 38.2% Fibonacci pullback level of 15.15 from 8.50 to 19.27. The sequence for trading is higher highs and lows.
Our profit targets will be 20.95 and 21.71
Resistance: 19.20 / 20.99 / 26.73
Support: 16.00 / 12.00 / 8.50
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.
Charge Up After the Break Point on ChargePoint Holdings Inc.!Charge Up After the Break Point on ChargePoint Holdings Inc.!
I strongly believe ChargePoint Holdings Inc. is "charging up" after the break of the upper trendline!
If we hold above the break through the bottom of the week, I will enter a swing trade on CHPT.
The following patterns were identified prior to the break of the upper trendline-"Double Bottom" inside "Falling Wedge"
*This is not financial advice.
Loved and Blessed,
MrALtrades00
Crypto sphereYes Eth is making some moves. Ethereum chart has the best setup! compared to every other chart.
$CHPT Looking to Breakout?$CHPT Looks like ChargePoint is getting ready to breakout of a consolidation area. See notations on chart. It is currently right at resistance area. I added a ¼ position today in anticipation of a breakout. I like that it is above the 8 and 21 EMA as well as the 50 DMA and 2 AVWAPS. However, it is still below the 200 DMA and the IPO AVWAP. You can see we have a higher low in. I will be looking to build out the position if / when it breakout out of this area with volume. You may want to put this one on your watchlist. Ideas, not investing / trading advice.
time to add chpttime to add chpt..daily resistance line broken..now looks bullish target 20 and above
Chargepoint prediction through 2024How soon we blast through $20 will depend on how people react to the earnings report. So many variables with the market that volatility expected to be extreme but essentially following the points marked here.
Falling wedgeKeeping on watch for the breakout, nice setup. Formed a higher low recently so it may be ready to finally break.
CHPT about to fall?Same idea as LCID, Look in the left how the last bear flag played out, and again we are seeing the same pattern.
The only difference is that it seems that price broke below the bottom of the channel.
Could see 8.60
ChargePoint Holdings: Bulls coming in? ChargePoint Holdings
Short Term
We look to Buy at 12.40 (stop at 11.53)
We look to buy dips. Levels close to the 50% pullback level of 12.33 found buyers. Posted a Bullish Hammer Bottom on the Daily chart. Trading within a Bullish Channel formation.
Our profit targets will be 15.83 and 19.40
Resistance: 16.00 / 19.90 / 26.73
Support: 15.00 / 8.50 / 5.00
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.
CHPT: Nearing key technical levelsCHPT holding relative strength and + 4.70% into the midday session. Nearing key technical levels of KMAs on Daily, with bullish engulfing on 4HR horizon. > 13.32 to maintain bullish sentiment with a key gap fill identified in orange , <12.25 for downside; In range in between intraday supply and demand zones otherwise going into FOMC// IV: 104.08%, Beta 1.68, ATR: 1.23// Sentiment: Neutral to Bullish bias
CHPT -swimming too close to the sun 😎 I like this company and what they are trying to implement into the economy. We need CHPT to stay with it fundamentally. You can see here is a example where the EMA at 200 is apart of a falling trend pattern even though the pivot points all coincide around that 200 moving average, there is a paralle MACD chart to display the divergence as CHPT falls.
With a trailing P.E. of -16.72 and a very small cap growth in the low millions, this is still a decent performance. CHPT when on the big time air with the Ford Mach E this year down int Florida. And I know it's early and there are supply chain shortages but I think we can get them to stay in the game longer even though they have a heafty project of supplying the Electric CDL trucks and the big delivery transportation companies. They charge at different points. I dig it.
This is a good example of small capitalization and what a falling trend looks like. Without getting into too much detail. CHPT is A, A+ for growth and the sector median was 10%. There isn't a whole lot else I can see fundamentally that would encourage anything other than a neutral position and if you are a investor just hold long.
Earnings watch 5/31Earnings watch 5/31:
VIEW
CHPT
AMBA
YY
APPS
HPQ
BARK
SPWH
CRM
VSCO
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
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+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
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Trading View app!, Brokerage UI
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Trading log (pencil & graph paper)
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Reading books, playing chess
Sorted watch-list
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Fibonacci VIP - volume
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pi RSI - trend momentum
TTC - trend channel
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