*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*
My team has been swing trading EV sector tyrant CHPT for the past couple months. In this time-span it has continued to bounce from its $20 support zone. The potential is undeniable for an established EV company like chpt. There is also an impressive amount of option calls which suggests bullish confidence.
After correcting from a previous all time high of $49.48 it now sits at $24.35. My team expects CHPT to perform well short term, and we plan to capitalize by averaging up next week.
ORIGINAL ENTRY @$22 AVERAGING UP @$24.35 TAKE PROFIT @$31 STOP LOSS @ 20.00