ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from...
ChargePoint, the EV charging bigwig, saw its shares jump, riding the wave of Blink Charging's unexpectedly strong preliminary Q4 earnings. I was able to catch a 30% gain on Blinks run after previous quarter reports, though a rival.. BLNKS performace may be similar to ChargePoint, eyeing their own March 5 Q4 earnings release, crossing fingers for a similar...
Currently on the weekly using my rsi/ Bollinger strategy the rsi with rsi ma turned on (which is a slept on indicator that most people turn off, that literally gives buy and sell signals lol). Anyhow the rsi has bounced off of the rsi ma on weekly. The crossing of the two usually leads to a move to the ma of the Bollinger bands which is 1st target. A cross of the...
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
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...
I'm a retail trader of 4yrs. I've lost a good bit of money over those four years which would either make most people give up, OR dig their heels in and study everything there is to know about the market and trading.
I've been on a good run these past few months. So please take all of this into consideration should you choose to follow this strategy.
CHPT looks...
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...
In a previous article, we were short on ChargePoint Holdings, Inc. (NYSE: CHPT) after several EV makers struck deals with Tesla, Inc. (NASDAQ: TSLA) to adopt its NACS port to gain access to its expansive supercharger network. Since then, the stock has been in a free fall as it’s down more than 63% and recently reached a new all-time low at $2.38. However, after...
First of all if they raise the cash and reduce the convertible price it is very good for the balance sheet and debt situation, I agree it is dilutive but we talk already at 12 so we talk 300 % above current price before you worry about dilution for the convertible note !!!!
selling shares at markets for so much is a good sign to me and give the company more...
BULLISH INDICATOR (Sep 09)
1. After consolidation phase reversal is expected but price is continuously falling so no chance of bullish move in the near future.
BEARISH INDICATOR (Sep 09)
1. A sequence of LLs, LHs and negative momentum is expected. The negative earning report on Sep 6th, further dropped stock to 4.96 but closed at 5.72.
2. Price as...
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...
CHPT has been on a downtrend since September 2022 forming lower highs and lower lows. The triangle formation is nearly complete. If CHPT bounces from support level of 7.32, it will go into a steady uptrend, reaching its price target of nearly 15 by mid-2024. If the stock loses the support level of 7.32, it may as well reach 5 by end of year.
We might be preparing the upside with a bull flag formation but piercing through the $7.90 support might mean some downside.
If we hold, we can expect to get to the $9.20 resistance level and I'm confident we could see some further bullish action when we pierce through that resistance.
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.
