$CHPT has been struggling to hold the blue line but it is managing to stay in this wedge....the direction is unclear here and both are a possibility, a break down here from the wedge and the targets below are at $5 and a very low second target at $1.88
The price is below the blue line, the 50 Day and 200 Day MA....it will need a catalyst to turn this around and earnings are on the 30th of August, they need to report a good beat.