$CHPT Looking to Breakout?

٣ أغسطس ٢٠٢٢

CHPT Looks like ChargePoint is getting ready to breakout of a consolidation area. See notations on chart. It is currently right at resistance area. I added a ¼ position today in anticipation of a breakout. I like that it is above the 8 and 21 EMA as well as the 50 DMA and 2 AVWAPS. However, it is still below the 200 DMA and the IPO AVWAP. You can see we have a higher low in. I will be looking to build out the position if / when it breakout out of this area with volume. You may want to put this one on your watchlist. Ideas, not investing / trading advice.

٨ أغسطس ٢٠٢٢

ملاحظة

Add this morning @ 17.10 to bring up to 1/2 size position. Stop moved up to breakeven @ average share cost.

٨ أغسطس ٢٠٢٢

أغلقت الصفقة: تم الوصول لوقف الخسارة

That didn't last long. Out for a very small gain. I'll look for this to set-up again. Still on my watchlist.