PLUG's momentum had a good move today. PLUG is moving in a descending channel. Today other EV stocks including TSLA, LCID, NKLA, FSR had big moves. TSLA's was the smallest in percentage but the biggest in market cap regain. PLUG is now at the 0.5 Fib retracement level. The zero-lag MACD and dual TF RSI indicators are about to cross the zero and 50...
NKLA had a nice long test run of one of its trucks in California this month. It signed a deal for a 10-year hydrogen refueling. Not a big deal, but may be the first company to sell fuel along with its vehicles and get government subsidies along the way. The days of doing photo shoots of a prototype truck rolling downhill are clearly in the past. While...
CHPT last quarterly earnings we're mostly on the optimistic side as EPS numbers are up -- beat by 11.43% (from expected figures). On the weekly data, the stock net buy positions is increasing on a daily basis -- anticipating the company's long term price growth. Volume is up by two folds from its average figures, from 15.69M to 33.87M. Net buying activity is up...
Analyzing the options chain and the chart patterns of CHPT ChargePoint prior to the earnings report this week, I would consider purchasing the 2usd strike price at the money Calls with an expiration date of 2023-12-15, for a premium of approximately $0.24. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Rule Nr. 1: Take it with a grain of Salt! ;-) OK, it's probably a Lotto Ticket. But IMO one with a monstrous chance of 80% if price trades within the Pitchfork. As we now, price has a 80% chance to reach the Center-Line. So, it's a Lotto Ticket with a good RIsk to Reward. Nothing more, nothing less. I'm in CHPT since over 1 year and got clapped. Ever since I...
Analyzing the options chain and the chart patterns of CHPT ChargePoint Holdings prior to the earnings report this week, I would consider purchasing the 7.50usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.61. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Looking at the long falling wedge pattern, CHPT is about to breakout and we could be at the perfect position for a long opportunity. Surpassing the $10 level could mean a trend reversal and further move to the upside. This stock is currently oversold, there will be some buying pressure pushing it up in the coming weeks. Enter now with stop loss at $8.
Charge Point Is approaching a Discount price? Is Charge Point on sale? It is between 25% and 50% away from previous highs.
Good evening everyone, I am seeing a lot of bullish flow on $CHPT. There's also the following conditions: 1)Open gap at 12.99 zone, 2)Currently making higher lows, 3)TTM squeeze green on daily chart which means a 5-day move coming. I wouldn't be surprised if we close this gap next week. Currently holding 4/14 calls.
On the 4H chart the price is rising above support and the recent bottom. On the MACD indicator, the lines have risen above the zero line and over the positive histogram. The moving average "Williams Alligator" combination shows divergence with the short period MA rising the fastest. On the volume indicator, high solid relative volume occurred as the price...
28th Jan 2023 CHPT may ride with the current bullish trend in the EV sector. Resistance: 15/19 Support: 9
CHPT has now bounced back from a very strong Fib channel of 0.5 The next level is also broken and looks a momentum is building up to continue to make double top This gives us an opportunity to ride the Bull trend Entry : 11.10 SL : 10.49 TP1 : 11.71 TP2 : 12.27 Bearish Indications is a chart pattern called rising wedge If the price falls below 10.50 then...
Got sold hard into the supply and trying to base below 200DMA. Good ER didn't do much good, but 14 is the volume shelf, if it can build there, It has better chance of breakout to the upside soon. below 14, will continue to fade to 11 and 8.5
Looking at the CHPT ChargePoint Holdings options chain, i would buy the $17 strike price Calls with 2022-9-2 expiration date for about $0.33 premium. Looking forward to read your opinion about it.
Trade thesis is pretty straightforward on this one: ✅Rising wedge ✅Bearish divergence on the daily chart ✅Lower risk area for a short here with a defined stop ✅Macro bearish environment
ChargePoint Holdings Short Term We look to Buy at 15.89 (stop at 14.18) Preferred trade is to buy on dips. Previous resistance at 16.00 now becomes support. We have a 38.2% Fibonacci pullback level of 15.15 from 8.50 to 19.27. The sequence for trading is higher highs and lows. Our profit targets will be 20.95 and 21.71 Resistance: 19.20 / 20.99 /...
Charge Up After the Break Point on ChargePoint Holdings Inc.! I strongly believe ChargePoint Holdings Inc. is "charging up" after the break of the upper trendline! If we hold above the break through the bottom of the week, I will enter a swing trade on CHPT. The following patterns were identified prior to the break of the upper trendline-"Double Bottom" inside...
Same idea as LCID, Look in the left how the last bear flag played out, and again we are seeing the same pattern. The only difference is that it seems that price broke below the bottom of the channel. Could see 8.60