SamSuka
The Long Investor
The Long Investor

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$CHPT - RC -

$CHPT is bordering on getting in trouble here, it has not managed to hold the blue line which is vital here as part of this corrective wave, a failure to hold this blue line means it is into the bear case and at risk of coming down a lot lower to the targets shown, initially at $5.

$TSLA appears to be beating all of the competition at the moment by starting a number of charging partnerships with some of the largest car manufacturers in the US, this is damaging $CHPT's ability to compete. 

$CHPT - RC -

Comments

Thank you. I didn't know how much the SPY drop was influencing it and if when/if the SPY would go up, this would recover too. That was my dilemma.

Adrian Ilie

I can't say when to sell, that is a personal decision depending on your own strategy....but the chart is not looking good.

Gareth Neary

Does this means that we should sell?

Adrian Ilie


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