m3ggriff

CHPT -swimming too close to the sun ๐Ÿ˜Ž

NYSE:CHPT   ChargePoint Holdings, Inc.
I like this company and what they are trying to implement into the economy. We need CHPT to stay with it fundamentally. You can see here is a example where the EMA at 200 is apart of a falling trend pattern even though the pivot points all coincide around that 200 moving average, there is a paralle MACD chart to display the divergence as CHPT falls.

With a trailing P.E. of -16.72 and a very small cap growth in the low millions, this is still a decent performance. CHPT when on the big time air with the Ford Mach E this year down int Florida. And I know it's early and there are supply chain shortages but I think we can get them to stay in the game longer even though they have a heafty project of supplying the Electric CDL trucks and the big delivery transportation companies. They charge at different points. I dig it.

This is a good example of small capitalization and what a falling trend looks like. Without getting into too much detail. CHPT is A, A+ for growth and the sector median was 10%. There isn't a whole lot else I can see fundamentally that would encourage anything other than a neutral position and if you are a investor just hold long.
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