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jacobosiason7

Falling Wedge- Bullish - Update

Long
ChargePoint Holdings, Inc. (NYSE:CHPT)  
jacobosiason7 Updated   
NYSE:CHPT   ChargePoint Holdings, Inc.
Trend Analysis Chart Patterns Wedge Technical Indicators Bullish Patterns breakout falling_wedge supply_and_demand oversold long-term squeezing support_and_resistance
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trendanalysis chartpattern wedgepattern indicator bullish breakout falling_wedge supply_and_demand oversold long-term squeezing support_and_resistance
CHPT still hovering right above oversold territory on the RSI, however, has been holding a massive falling wedge for quite some time now. By no means is this a short term play, regardless, will be looking for a breakout from this wedge- Just some FIB levels along with some RSI-based supply and demand zones to keep an eye on - Bullish long **(See Previous Charts Below)**

- Nearing the oversold range on the RSI (Slight bullish divergence on shorter timeframes)
- Bollinger bands squeezing
- Massive Falling Wedge
- Good long-term entries

PT1- $21.67
PT2- $24.09
PT3- $26.65

1-Hour Timeframe
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Previous Charts-
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Comment:
All Price Targets Reached ✅
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