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Bullish Case: Improvement in cost reduction strategies, subscription revenue growth, and sector positioning could attract investment, offsetting macro pressures and driving a rebound.


Bearish Case: Persistent revenue decline, ongoing leadership turnover, high volatility, and adjustments causing investor skepticism may continue the downward price trajectory.


Potential Outcomes: 30% chance of rebound on improved margins and EV adoption, 60% chance of continued decline due to weak financials, 10% chance of price stabilizing as investor sentiment shifts.


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April 11, 2024


ChargePoint Forecast

CHPT        ChargePoint
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CHPT



SPWR Forecast + Options Trading Strategies   [SPWR]  Sunpower (0.96)


LAZR Forecast + Options Trading Strategies   [LAZR]  Luminar (0.95)


SEDG Forecast + Options Trading Strategies   [SEDG]  Solaredge (0.94)


AMC Forecast + Options Trading Strategies   [AMC]  AMC Entertainment (0.93)


CMP Forecast + Options Trading Strategies   [CMP]  Compass Minerals International (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to CHPT



LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (0.0)


COTY Forecast + Options Trading Strategies   [COTY]  Coty (-0.0)


LSXMK Forecast + Options Trading Strategies   [LSXMK]  Liberty Media Corp. (Tracking Stock - SiriusXM) Series C (0.0)


CAPR Forecast + Options Trading Strategies   [CAPR]  Capricor Therapeutics (0.01)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CHPT



NTNX Forecast + Options Trading Strategies   [NTNX]  Nutanix (-0.93)


MMYT Forecast + Options Trading Strategies   [MMYT]  MakeMyTrip (-0.93)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (-0.94)


WRB Forecast + Options Trading Strategies   [WRB]  W.R. Berkley (-0.94)


CB Forecast + Options Trading Strategies   [CB]  Chubb (-0.94)





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