CHPT ChargePoint Holdings Options Ahead of EarningsIf you haven`t bought CHPT before the previous earnings:
Now analyzing the options chain and the chart patterns of CHPT ChargePoint Holdings prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2024-9-6,
for a premium of approximately $0.13.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Chargepoint
CHPT ChargePoint massive falling wedge ahead of earningsAnalyzing 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 them.
Looking forward to read your opinion about it.
CHPT ChargePoint Holdings Options Ahead of EarningsAnalyzing 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 them.
Looking forward to read your opinion about it.
General Motors to ChargePoint Trading at Bearish Shark PCZI think that these two stock will trade in opposite directions to each other, so I am tracking the ratio between the two stocks, and it looks like General Motors has just about hit the limit to the amount of ChargePoint shares it will be able to buy, and so I expect a decline in GM price and a Rise in ChargePoint's price from here.
ChargePoint After Filling a Gap is Back at the PCZ and Ice LineChargePoint has come back to the PCZ of the Bullish Bat and The Ice Line of the Range; presumably to fill a gap that it had created several days ago when it gapped up from this level.
Now that the gap has been filled, I would expect to see this level hold much the way it did last time and go for the Bullish Breakout of the Descending Supply Line from which could in time lead to it trading up to anywhere between $20 and $30
ChargePoint: Bullish Bat w/Bullish Divergence at SupportChargePoint is sitting at the PCZ of a Bullish Bat that aligns with a Hard Support Floor if this Bat performs I think it will not only make it back to the top of the Harmonic but that it will also make a run for the top of the Macro range up at HKEX:19 - HKEX:20
CHPT big upsideCHPT broke a trendline in July of this year that started in January 2021, after a large push up the stock has regressed back to the trendline and bounced off nicely. With earnings for CHPT only 8 days away, depending on the results I believe this could be the start of a huge rise in the stock.
AGAIN, be weary of buying anything before or after earnings. However, based on positive recent publicity and the stock trend, things are looking very good for CHPT. If you have the risk appetite I would be a buyer and long-term holder
ChargePoint posting higher lows? 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 / 26.73
Support: 16.00 / 12.00 / 8.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ChargePoint Holdings: Bulls coming in? ChargePoint Holdings
Short Term
We look to Buy at 12.40 (stop at 11.53)
We look to buy dips. Levels close to the 50% pullback level of 12.33 found buyers. Posted a Bullish Hammer Bottom on the Daily chart. Trading within a Bullish Channel formation.
Our profit targets will be 15.83 and 19.40
Resistance: 16.00 / 19.90 / 26.73
Support: 15.00 / 8.50 / 5.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$CHPT up 32% in the last 7 Days will we see profit taking? No doubt chargepoint is a great company and is cheaper than last year. BUT we are still in a bear market, can we see some profit taking or will we see it continue to trend up. I believe we will see some red and profit taking and will come down just a bit before another run.
CHPT Charging Lower? ChargePoint Holdings - Short Term - We look to Sell at 19.33 (stop at 21.51)
Preferred trade is to sell into rallies. We have a 50% Fibonacci pullback level of 19.97 from 28.72 to 11.21. Previous resistance located at 20.00. The medium term bias remains bearish.
Our profit targets will be 14.34 and 11.40
Resistance: 20.00 / 29.00 / 35.00
Support: 15.00 / 11.00 / 10.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ChargePoint (NYSE: $CHPT) Looking To Power Electric Revolution ⚡ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California.
Charge point We have some bearish candles around the point of control for CHPT. Anything under $20 is a steal in my opinion. Price has retraced below 61% of the previous low. I want to see if the 88% area ($18) could be seen before we see the true retracement of the previous high. This is the 4th time we've been in this area since earlier this July. Price retraced 38% once, price has reached 61% two times. CHPT retracing 61% of previous high would be a retracement of 61% of the previous high. Let's see what happens here.
⚡️ 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.
$CHPTEven with the electric vehicle revolution in full swing, not everyone sees the bull thesis for ChargePoint.
Indeed, CHPT stock was cut in half from the the beginning of 2021 to mid-September, so clearly investor sentiment is at a low point.
This could present an opportunity for folks with a tolerance for volatility. After all, the essence of contrarian investing is to get excited when others are fearful.
There’s something about the $20 price point — it’s like a magnet for CHPT stock in 2021.
Without a doubt, it’s probably frustrating for the long-term stockholders.
As you may recall, ChargePoint shares propelled as high as $44.50 in January of this year.
The sentiment was riding high, but it wasn’t the best time to take a long position. CHPT stock slipped to $20 in March.
Believe it or not, the stock rose and fell back to that same $20 level in April, and then again in May, and once more in August. As of Sept. 23, it was back to $20 and change yet again.
At least we can say there’s strong support at that level.
When we look at the chart you can see price has been stuck in a fall wedge foe quite sometime now.
As it comes to the end of it’s pattern and sits right at long term support it might be something you want to keep your eyes on for a break to the upside.
Along with that, you also have the MACD flat.
RSI below 50.
I suggest keeping this on your watchlist.
- Factor Four
CHPT Bounce?!I like CHPT!
Tomorrow's daily candle should show us what we need to see. It should bounce on this support and/or consolidate for a few weeks before making a bullish move.
Consider 12/17/2021 Calls.
Stop Loss: $19
Profit Target: $25 (Aggressive: $26.60)
If it breaks resistance, I could see CHPT dropping near the $17 range.