CHPT - Short-Term Bottom Bounce Play
ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States.
Disclaimer: This content is for informational purposes only and is not intended as financial advice.
Investment Overview (Dated 04/23/24):
Shares Outstanding: 369.79 million
Short Interest: 31.28%
Market Activity:
Recent transactions include notable block buys, indicating increased trading volume and investor interest.
Strategy Insight:
This appears to be a bottom bounce play, suitable primarily for short-term trading strategies.
Key Technical Levels:
Trading Strategy:
Take Profit (TP): Establish a profit target at approximately $1.70 to secure earnings.
Stop Loss (SL): Implement a stop loss under $1.30 to protect against significant losses.
Chart Analysis: For a comprehensive understanding of price actions and trends, please review the accompanying chart.
Trading Caution: Trading involves significant risks. It is crucial to evaluate market conditions and your risk tolerance carefully. Always conduct thorough research or consult with a financial advisor before making any trading decisions.
Disclaimer: This content is for informational purposes only and is not intended as financial advice.
Investment Overview (Dated 04/23/24):
Shares Outstanding: 369.79 million
Short Interest: 31.28%
Market Activity:
Recent transactions include notable block buys, indicating increased trading volume and investor interest.
Strategy Insight:
This appears to be a bottom bounce play, suitable primarily for short-term trading strategies.
Key Technical Levels:
Trading Strategy:
Take Profit (TP): Establish a profit target at approximately $1.70 to secure earnings.
Stop Loss (SL): Implement a stop loss under $1.30 to protect against significant losses.
Chart Analysis: For a comprehensive understanding of price actions and trends, please review the accompanying chart.
Trading Caution: Trading involves significant risks. It is crucial to evaluate market conditions and your risk tolerance carefully. Always conduct thorough research or consult with a financial advisor before making any trading decisions.
Trade fermée: ordre d’arrêt atteint
Note
Entry was bad - TP reached after stop loss triggerd
Join Discord channel:
whop.com/marketplace/contingent-traders/
contingenttrader.com/
whop.com/marketplace/contingent-traders/
contingenttrader.com/
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.
Join Discord channel:
whop.com/marketplace/contingent-traders/
contingenttrader.com/
whop.com/marketplace/contingent-traders/
contingenttrader.com/
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.