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 patternby al89dews111
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 💘by Vibranium_Capital4420
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. Longby hoodun0
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. Longby apaquUpdated 113
$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 @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoneyUpdated 6
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.Longby Redimere_915
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 StrategyLongby SuperTrader_K114
chptlong trade in preparation for the test fo the dtl. watch the resistance!Longby rondoinvest21Updated 223
COP26You have to get on the bandwagon until it becomes commoditized. Staying stong until $123Longby Macro-Traders-Strategies1
CHPTLONG setup to POC for potential 9% gain. Bottom POC is nice support Top POC heavy selling so take profit!Longby MaydoUpdated 1
CHPT LongBroke resistance with a bullish hammer candle with being over the 200 SMA Longby Trader_Danny_2
Chip swing idea Chips is currently oon an uptrend , bouncing off its support of 19.11. All technicals point to a buy Strong contract volume at 1/21/22 Chips made high around December - January of last year Infrastructure bill passed An race to ev All catalysts for movement Pt 30, 35, 30 Longby sergeantsyl220
Charge point If we break 28.40 and hold would Be a big breakout. Could be gearing up heavy. Not much time left in this pattern consildation. TArget is 58$ with the exception of old High of 50$Longby Erictaylor4
⚡️ 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.Longby Trader_Ivankov0
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 🌚Longby Vibranium_Capital21
$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 @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoney446
CHPT REDAY TO RUN TO $26 $27 NYSE:CHPT CHPT REDAY TO RUN TO $26 $27 . May see correction at 26 .Longby mkadhim85Updated 226
CHPT IF deal another powerful stock looking for a move off the news of billions going towards charging stations.Longby bouncy493
$chpt Infratructure bill passes...What will be the effect of how the infrastructure bill moves this one. Your tips are gratefully appreciated, family. by Dablkmarket3
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! Shortby Moshkelgosha6620
CHPTCHPT Open Interest: The option open interest in CHPT climbed -8.1% to 325,010 contracts. The current open interest is above its 52-week average of 241,638 contracts. Currently, the OI percentile rank is 89.3%. So, CHPT had a higher OI only 10.7% of the days in the last year.This indicates there is a lot more demand to trade and carry option positions in CHPT than normal. The most notable increase was in the 05-Nov-21 expiration which added +2,799 contracts. CHPT Call Open Interest: The open interest in CHPT call options decreased by -8.9% to 226,978 contracts. However, call open interest is up 7.6% in the last 5 days. Compared to its 52-week average of 155,573 contracts, the current call open interest for CHPT is stronger than usual. CHPT Put Open Interest: The open interest in CHPT put options dropped by -6.2% to 98,032 contracts. Furthermore, put open interest has fallen -1.7% in the last 5 days. Compared to its 52-week average of 86,065 contracts, the current put open interest for CHPT is higher than usual. CHPT Put/Call Ratio (Open Interest): In the last 5 days, the put/call ratio for CHPT decreased by -8.6% to 0.4. The put call ratio is below the 52-week average of 0.6.by HotPotatoTrader0