Mar. 27 at 4:39 PM
$CRDO and
$TEL settle AEC tech dispute — and both are fading on the news 📉
$CRDO down ~2% premarket, sitting at
$96.22 with RSI 38.88 and trading a brutal -33% YTD. It's below all key MAs — SMA20 at
$107.36, SMA50 at
$118.40.
$TEL holding
$201.84, also under SMA20 (
$203.69) and SMA50 (
$219.18), off -14% in a month.
Low relative volume on both. Market not impressed. Watching
$CRDO for any bounce off current levels — but momentum is ugly.
#CRDO #TEL #Trading