CRDO#252
Thesis
CRDO up 25% since earnings. High confidence in re-rating higher alongside CPO TAM expansion. Bringing SiPho in-house via DustPhotonics acquisition enables vertical integration.
By @ParadisLabs · View post ↗
🐂 Bull Case
- Revenue growing 157% YoY — fundamental momentum intact
- Strong gross margins at 68% — pricing power and efficiency
- Weinstein Stage 2 — advancing phase
- Golden cross formation: price $235.9 > SMA50 $175.9 > SMA200 $149.0
🐻 Bear Case
- RSI at 74 — overbought, vulnerable to pullback
- High P/E of 129.6 — stretched valuation, limited margin of safety
🚫 Invalidation
Close below $149.0 (SMA200) on above-average volume
Break Conditions
- Close below $149.0 (SMA200) on above-average volume
- Earnings miss >10% on revenue with declining forward guidance
Price Tracking
| Label | Ticker | Price | Recorded |
|---|---|---|---|
| t+3d | CRDO | $256.51 | 2026-06-11 18:36:16 |
Metadata
T0 Price: $235.95
Created: 2026-06-09 18:33:40
Scored: 2026-06-09T18:35:14.548631+00:00
Updated: 2026-06-11T18:36:16.523769+00:00