ChargePoint Holdings, Inc.Mis à jour $CHPT chart request
xbullbear not sure what you're trading (shares, spreads, naked options, etc.) but from a technical perspective CHPT is at a good demand zone/support, however trend is not signaling up yet.
If I was looking long, I'd wait for a break out of the wedge (dashed line) first, and the 21EMA with confirmation similar to May's price action. An alarm set at $22 would work or a limit buy if you're short term trading up to volume resistance at 26 zone.
A longer term buy idea would be to wait for $26 resistance to break which should send this to $30+ and higher.
Fundamentally they need to start turning a profit to justify the long term bull case.
Hope that was helpful ! :)
If I was looking long, I'd wait for a break out of the wedge (dashed line) first, and the 21EMA with confirmation similar to May's price action. An alarm set at $22 would work or a limit buy if you're short term trading up to volume resistance at 26 zone.
A longer term buy idea would be to wait for $26 resistance to break which should send this to $30+ and higher.
Fundamentally they need to start turning a profit to justify the long term bull case.
Hope that was helpful ! :)
Note
Indices are red are CHPT is up almost 2% . Given this price action I started a position on 10/15 23$ calls , small size
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.