Short
Switchback Energy Acquisition can go even lower?
Switchback plans to close on its merger with ChargePoint in early 2021.
ChargePoint is rapidly growing its charging station network in the U.S. and expanding in Europe.
It expects sales of its charging ports to grow by seven times through 2026.
But investors drove shares up beyond what is reasonable.
Even after today's drop, the combined company would be valued at over $9 billion, triple what the equity value was predicted to be when the transaction was announced. (source: fool.com)
Please leave me a message if you want to test the buy and sell indicators that i am using.
ChargePoint is rapidly growing its charging station network in the U.S. and expanding in Europe.
It expects sales of its charging ports to grow by seven times through 2026.
But investors drove shares up beyond what is reasonable.
Even after today's drop, the combined company would be valued at over $9 billion, triple what the equity value was predicted to be when the transaction was announced. (source: fool.com)
Please leave me a message if you want to test the buy and sell indicators that i am using.
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bit.ly/indicatorz
YOU CAN COPY TRADE ME on BYBIT ($30K deposit bonus) partner.bybit.com/b/best_copy_trading
YOU CAN COPY TRADE ME on BYBIT ($30K deposit bonus) partner.bybit.com/b/best_copy_trading
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.