CHPTLONG setup to POC for potential 9% gain. Bottom POC is nice support Top POC heavy selling so take profit!Longby MaydoUpdated 1
CHPT LongBroke resistance with a bullish hammer candle with being over the 200 SMA Longby Trader_Danny_2
Chip swing idea Chips is currently oon an uptrend , bouncing off its support of 19.11. All technicals point to a buy Strong contract volume at 1/21/22 Chips made high around December - January of last year Infrastructure bill passed An race to ev All catalysts for movement Pt 30, 35, 30 Longby sergeantsyl220
Charge point If we break 28.40 and hold would Be a big breakout. Could be gearing up heavy. Not much time left in this pattern consildation. TArget is 58$ with the exception of old High of 50$Longby Erictaylor4
⚡️ Chargers, electric vehicles and infrastructure plan...On Friday, November 5, the US Congress approved a $ 1.2 trillion infrastructure plan. The plan envisages investments in roads, bridges, railway infrastructure, expansion of access to clean drinking water, development of access to high-speed Internet, and "greening" of the infrastructure. The last point implies the creation of a national charging network for electric vehicles, and will also have a positive impact on the development of the industry related to the production of vehicles on electric traction. Investments in expanding the network of charging stations on highways will amount to $ 5 billion. Also, $ 2.5 billion will go to expand the network of charging stations for other ecological modes of transport, for example, on a hydrogen engine. Another $ 2.5 billion is planned to be spent on the electrification of school buses. Today, shares of manufacturers of charging stations for electric vehicles are on the rise of $ CHPT and $ VLTA + 13%, $ BLNK + 15%, $ EVGO + 30%. In this post, I will focus on the company with the largest network of charging stations in the United States. ChargePoint Holdings is an American electric vehicle infrastructure company based in California. Operates the largest network of over 140,000 independent charging stations in 14 countries. ChargePoint has over 5,000 corporate customers, 76% of which are Fortune 50 companies. The company began to build charging stations 10 years ago, the main business is focused on the markets of North America and Europe, coverage is also available in South America, Africa and Australia. Interaction with the charging station and payment is carried out through the ChargePoint mobile application. The company has three areas of activity: retail, corporate and fleet maintenance. In addition to its EV charging services, the company makes money by providing a cloud platform for managing charging stations and scheduling EV charging. To expand this area, ChargePoint acquired the European fleet management company ViriCiti in early August this year for $ 88 million. .clients in the maintenance of the park. Also this summer, ChargePoint acquired the "Has to be" company in Europe for $ 295, whose flagship product is the eMobility, a hardware-independent cloud platform. It should improve the efficiency of customer service and system reliability due to the constant growth of the charging infrastructure, as well as add 2,500 network ports and 3,500 corporate vehicles for service. The company is a pioneer and one of the leaders in its field, the growth of the fleet of electric vehicles around the world will spur demand for charging stations, to which the company adds more than 2,000 annually. 🔧The price of $ CHPT is moving in a downtrend, now the price has approached the slope. The positive news background is likely to catalyze the breakdown of the downtrend. Further, we expect the formation of a protorting in the zone of accumulation of horizontal volume and then the assault of local maximums. Draw in support blocks $ 19.5-22 (intermediate), $ 16-19 (main), stop - fixing below $ 15. 🎯 Targets $ 32/36. NOT IRR.Longby Trader_Ivankov0
bigger breakout on the horizon for chpt🚀CHPT currently attempting to break top trendline resistance! this could be the start to a big breakout to new highs if it breaks and holds above trend resistance. risky stop loss 17.6, conservative stop loss 25. price targets 38.42/48.83/59.4 🌚Longby Vibranium_Capital21
$CHPT my team is up 40% we keep winning*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* Recap: My team was extremely successful in capturing massive gains from $CHPT this year during its June rally. We exited $CHPT capturing most of our gains at the top and have been sitting on the sidelines since, but on Friday 9/10/21 my team opened a new position in $CHPT at $20.70 per share. We also had a buy order at $19.35 which was activated a couple of weeks ago. My team had set our first take profit at $28, but we were able to exit pre-market at $28 this morning capturing a 40% gain. Going forward my team will be looking for further entries so that we can accumulate more shares before we hit our take profit 2 later down the road. Congrats to those of you who this this trade with us! 1ST ENTRY: $20.7 2ND ENTRY: $19.35 TAKE PROFIT 1(HIT): $28 TAKE PROFIT 2: $42 If you want to see more, please like and follow us @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoney446
CHPT REDAY TO RUN TO $26 $27 NYSE:CHPT CHPT REDAY TO RUN TO $26 $27 . May see correction at 26 .Longby mkadhim85Updated 226
CHPT IF deal another powerful stock looking for a move off the news of billions going towards charging stations.Longby bouncy493
$chpt Infratructure bill passes...What will be the effect of how the infrastructure bill moves this one. Your tips are gratefully appreciated, family. by Dablkmarket3
A comparison between EV Chargers!1- CHPT: ChargePoint Holdings, Inc (CHPT) is the largest network of Electric Vehicle charging stations in North America and Europe - and provides solutions through a capital-light model free of monetization of both energy and driver utilization. The company maintains over 70% market share of networked L2 in North America with over 5,000 customers. Market cap: 7.79 B Short interest: 5.38% 2- VLTA: Volta, Inc. operates a network of smart media-enabled charging stations for electric vehicles. The company was founded by Scott Mercer and Christopher Wendel in 2010 and is headquartered in San Francisco, CA. Market cap: 1.4B Short interest: 1.96% 3- BLNK: Blink Charging Co. engages in the operation and provision of the electric vehicles, charging equipment, and networked EV charging services. Its product line and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services. The company was founded by Michael D. Farkas on October 3, 2006, and is headquartered in Miami Beach, FL. Market cap: 1.3B Short interest: 30.8% 4-EVGO: EVgo owns and operates the US' largest public DC fast charging network by the number of locations and is the first EV charging network in the nation powered by 100% renewable electricity. The company was originally founded by NRG Energy in 2010 and listed publicly via a SPAC merger with Climate Change Crisis on July 1st, 2021. Market cap: 702 Million Short interest: 13.07% As you can see the price pattern of these companies has a significant positive correlation..! which means regardless of their fundamentals they move in the same direction! However, only blink has the chance to experience Short or Gamma squeeze in the coming weeks because of the high short interest%..! For long-term investors, better to keep in mind these companies should compete with Tesla, no need to say all of them together are worth 1% of the TSLA market cap! It is highly unlikely they can compete with TSLA in this sector! I believe the most recent move was due to the Biden infrastructure bill..! and they could experience a correction! I am watching blink for a potential squeeze opportunity! Shortby Moshkelgosha6620
CHPTCHPT Open Interest: The option open interest in CHPT climbed -8.1% to 325,010 contracts. The current open interest is above its 52-week average of 241,638 contracts. Currently, the OI percentile rank is 89.3%. So, CHPT had a higher OI only 10.7% of the days in the last year.This indicates there is a lot more demand to trade and carry option positions in CHPT than normal. The most notable increase was in the 05-Nov-21 expiration which added +2,799 contracts. CHPT Call Open Interest: The open interest in CHPT call options decreased by -8.9% to 226,978 contracts. However, call open interest is up 7.6% in the last 5 days. Compared to its 52-week average of 155,573 contracts, the current call open interest for CHPT is stronger than usual. CHPT Put Open Interest: The open interest in CHPT put options dropped by -6.2% to 98,032 contracts. Furthermore, put open interest has fallen -1.7% in the last 5 days. Compared to its 52-week average of 86,065 contracts, the current put open interest for CHPT is higher than usual. CHPT Put/Call Ratio (Open Interest): In the last 5 days, the put/call ratio for CHPT decreased by -8.6% to 0.4. The put call ratio is below the 52-week average of 0.6.by HotPotatoTrader0
In need of a pullbackWould like to see a nice pullback and maybe a flag to form before pushing through resistance. Overall BULLISHLongby Shanedurand5182
Falling Wedge- Bullish - UpdateCHPT still hovering right above oversold territory on the RSI, however, has been holding a massive falling wedge for quite some time now. By no means is this a short term play, regardless, will be looking for a breakout from this wedge- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on - Bullish long **(See Previous Charts Below)** - Nearing the oversold range on the RSI (Slight bullish divergence on shorter timeframes) - Bollinger bands squeezing - Massive Falling Wedge - Good long-term entries PT1- $21.67 PT2- $24.09 PT3- $26.65 1-Hour Timeframe Previous Charts- Longby jacobosiason7Updated 222
CHARGEPOINT (CHPT) Short term potentialKnow your risk tolerance when to take profits based on the Fib retracementsLongby hustler1010
Possible Entry point CHPT possible entry point , to me this a good entry point Longby IbnabdullahUpdated 4
ChargepointWe have a double bottom here on an emerging market company that has contracts with a variety of businesses. I at least see price testing the previous high up to 38% - 61%. The win goes to the longest holder. Give them time to perform.Longby Redimere_91117
LONG CHPT is down over 60% since ATH and escaped the downtrend, but yesterday the company announced to resale of up to 5.7Mil shares. Expect to see a pullback, price action may retest the demand zone. I expect to hold if the overall market doesn't sell off. Option Sweeps are over 96% bullish for $21 strike price (cheddar flow) for next summer. This is a good R/R and will add to my portfolio. Good luck everyone.Longby ronskalit3
analysis for CHPTThis is no professional advice just my prediction on CHPT. hope you find value in this Longby joseph_Farah11
$CHPT Oct Update *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* After correcting from a previous all time high of $49.48 $CHPT now sits at $20.00 Recap: My team was extremely successful in capturing massive gains from $CHPT this year during its June rally. We exited $CHPT capturing most of our gains at the top and have been sitting on the sidelines for the past few weeks, but on Friday 9/10/21 my team opened a new position in $CHPT at $20.70 per share. We also had a buy order at $19.35 just in case $CHPT decided to trickle down to previous support levels in such price ranges. Things are looking great here for us guys at @SimplyShowMeTheMoney to say the least. The candle on todays close is a true beauty. My team has set our first take profit at $26.5. We speculate that the EV market as whole is due for a massive rebound due to semiconductor production recovering this fall. Expect our team to capitalize on this opportunity and many others. Winter is coming... ORIGINAL ENTRY @$20.7 BUY LIMIT HAS BEEN ACTIVATED @$19.35 TAKE PROFIT 1 @26.5 TAKE PROFIT 2 @$42 If you want to see more, please like and follow us @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoney223
CHPT - Perfect correction or continuation of downtred? I like the risk reward DYOR - www.fool.comLongby JibasJr3
Charge PointCHPT bounced back from channel midline towards the upper line of the channel. If breaks the top of the channel next target would be $24.Shortby MrKaka0070