*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.
We recognized the bullish price action of CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21. From their the price moved further up and now rests at $28.31.
My team has increased our previous take profit target of $31 up to $37.