CHPT has been on a downtrend since September 2022 forming lower highs and lower lows. The triangle formation is nearly complete. If CHPT bounces from support level of 7.32, it will go into a steady uptrend, reaching its price target of nearly 15 by mid-2024. If the stock loses the support level of 7.32, it may as well reach 5 by end of year.
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