*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been swing trading EV sector tyrant $chpt for the past couple months. In this time-span it has continued to bounce from its $20 . The potential is undeniable for an established EV company like $chpt. There is also an impressive amount of option calls which suggests momentums. We recognized the price action of $CHPT and averaged up from our original entry of $22 at $24.35 on 5/30/21.
$CHPT currently sits at $28. 01 per share.
My team planned to average up one last time on $CHPT if the opportunity presented itself…that time has come
My team bought more $CHPT shares today at $27.80 per share. This is our 3rd and final entry.
We have also raised our initial take profit to $41 per share.
1ST ENTRY: $22
2ND ENTRY: $24.35
3RD ENTRY: $27.80
TAKE PROFIT: $41
STOP PROFIT LOSS: $26
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