Chargepoint- excellent long term play but.........
Chargepoint trending down. Low volume. Price below 21 day moving average and above the 50. More divergence before crossover of MAs indicating a buy.
Possible retest of support around 20-22 within few weeks.
Pattern- multiple bottom.
MACD cross over in a few weeks to signal a rally.
After testing support, charge point will rally . Chargepoint is a fundamentally strong stock. it is about getting the right bargain price to enter which is 20-22 dollars.
This is not financial advice. For educational purposes only.
Possible retest of support around 20-22 within few weeks.
Pattern- multiple bottom.
MACD cross over in a few weeks to signal a rally.
After testing support, charge point will rally . Chargepoint is a fundamentally strong stock. it is about getting the right bargain price to enter which is 20-22 dollars.
This is not financial advice. For educational purposes only.
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