Hello traders, here is my next IDEA. Chargepoint Holdings. I currently see a major move in the next 4 weeks due to technical indicators and the beginning of the season for the company. Always think about your risk. The entry is currently perfect with an SL 2% below the low price. Also note the candlestick timeline at SL. Good luck
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Good start, with a clearly rejekt from the Entryzone. My Position x5 is RUNNING with 20% PROFIT
Trade closed manually
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Hello investors, update for Chargepoint Holdings. There is currently a possibility that the price will fall slightly below the entry point at USD 1.8. I'm always a fan of taking profits. Suggestion for experienced traders, price rises above 2.08 hold position. If the price is rejected, you can sell with the target of 1.75-1.64. I'm watching the 60 minute candles.
See that small gap on the daily? Are you thinking it will retrace to fill?
WhaleWaveSurfer
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@dbiek, Hello, a GAP is always a way to get confirmation of this direction. For each GAP the chance of closing is 50:50 and in certain cases a maximum of 60:40. I will of course take this into account. In the split chart, the closing price (yellow line) is crucial. The CAP will no longer play a decisive role in this regard. If the course is rejected during the GAP course, then of course it goes down first, no one will answer that for you. In order to give this GAP a special meaning, the price has to go a little further in that direction and show an appropriate reaction. But I'll keep an eye on this and add any updates.
WhaleWaveSurfer
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Two gaps have been formed. I assume that the first one is guaranteed to be closed, the second one maybe. However, the two GAPs have no meaning in 4h or daily candles. I only see these until the 3h candle.
dbiek
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@WhaleWaveSurfer Thanks for the insight! Always nice hearing someone else’s take on it.