ChargePoint's Breaking Point

New 52-Week Lows crushed New Highs — 210 vs. 5.

Happy Monday!

Stocks opened the week on a sluggish note. The Nasdaq was the only major index to close positive.

New 52-Week Lows crushed New Highs — 210 vs. 5.

Note: 38 New Lows closed above their opening print.

New Highs — SGEN, TGH, NEWR and ESMT are pending mergers.

The Worst of the Worst

ChargePoint ($CHPT) is the Worst of the Worst. The EV charging network collapsed -5.72% and closed at an all-time low.

ChargePoint is on the cusp of less than a $1B market cap making it ineligible for the lists. As of today’s close $CHPTs market cap is 1.008B.

Here’s the weak weekly chart.

The Best of the Best

FICO ($FICO) is the Best of the Best. The credit score company carried +1.67% and closed at an all-time high. The stock is up 76% since its Nov. 2022 earnings report.

Here’s the daily chart.

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