Chargepoint ( CHPT ) buy idea (long term)

So I have been looking at Chargepoint for a while now and I think that it could be a good buy at this price. I am going to go in a little to see what the price does at this point and when I get to see a good rejection on the support zone I will add to the position. This is a trade idea for my longer term investment portfolio so I am not looking to get in and out fast on this trade. The overall data that we get from the company also looks good and I think that this company does has some more room to grow in the next 5 years.

If we go get to see a break of the support zone I will wait to add to my position and see what the price does. Either it goes down to the next support level and I but more there or it goes down a little and then goes up. if the last thing happens then I will be adding to my position when it crosses this support zone you can see on the chart.

Please let me know in the comments what you think of this and feel free to share your idea and view on this company.
If you like the idea don't forget to give it a like then.
Going to keep you updated in this trade when I feel it is needed. If we get a boring few weeks then there is no point of doing a weekly update. If you want an update on this stock at any point you can also sent me a message and I will answer that as soon as I can.

Comment:

Trade looking good for now. Seems to be respecting the support zone.

I am adding my position here a little more because I think that we could see a good boost as long as the support is not broken.

Any questions about this. Feel free to send me a message.

Comment:

We get to see the earnings for this company next week. It is hard to say for now what the price is going to do when we get the release of the earnings because this is a new company that you can trade so it is hard to tell how it is going to react to this kind of news.

This is only the second time that we get some earnings from this company and the only thing we know from the past is that even when it is bad the stock still went up. This is not something we can be sure off because it only happened 1 time before.

Going to do an update on this the day after we get to see the release of the numbers. And I am also going to go over the numbers and see if there is anything special to mention.

Comment:

If you did not get in last week you can get into it now because it is at the same price.
I am still waiting to see a good boost before I increase my position here.

Comment:

Adding a little to my position on the good reports that we got. Most of the numbers look good so far.

Going to do a full review in the weekend but went over it fast now and it all looks good.
Going to keep you updated if needed.
Any questions, feel free to send me a message.