$CRDO

CRDO chart looks weak; failure to reclaim the 200-day SMA implies a drop toward 500.

Bearish
“Stocks Shrug Off A Hawkish Fed? | PreMarket Playbook + All Access | September 17, 2026”
BenzingaPublished Sep 17 · 2 passages

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Uh, Dudy, you're mentioning CRDO. Looks good. Here's CRDO. By the way, um, this was this had a great day yesterday. Great day yesterday. I know Ripster and his group absolutely crushed this.

They actually used the multi-time frame cloud uh strategy. I didn't have this one in the universe yesterday, unfortunately. I might have done better if that was the case. But the good news here, look at this extension we're getting in the pre-market.

So, we are holding well above the intraday high from yesterday. And it actually looks like we're going to continue to extend higher here. And if we look at the daily chart, we're four points away from the 200 day.

So, right away, I would say that that's a key level here. Can we get above this? Close above this. We've got the 20-day and then we have a gap that fills up at 206. That gap is from 190 to 206 by the way.

So, um that is this thing had a great day yesterday. Can we get some continuation here today?

Turb is uh has breaking over the VWAP on the five minute. Um with regard to CRDO, I'm not a really big fan of this chart. it it it you know I would say that if this cannot get back above the 200 day SMA that this is coming back down uh further probably to the 500. It just doesn't look like a great chart to me.

Watchpoints

Price action relative to the 200-day SMA

What this channel has said about $CRDO

Benzinga has only this one call on this stock.

2026-09-17BearishThis one
Uh, Dudy, you're mentioning CRDO. Looks good. Here's CRDO. By the way, um, this was this had a great day yesterday. Great day yesterday. I know Ripster and his group absolutely crushed this. They actually used the multi-time frame cloud uh strategy. I didn't have this one in the universe yesterday, unfortunately. I might have done better if that was the case. But the good news here, look at this extension we're getting in the pre-market. So, we are holding well above the intraday high from yesterday. And it actually looks like we're going to continue to extend higher here. And if we look at the daily chart, we're four points away from the 200 day. So, right away, I would say that that's a key level here. Can we get above this? Close above this. We've got the 20-day and then we have a gap that fills up at 206. That gap is from 190 to 206 by the way. So, um that is this thing had a great day yesterday. Can we get some continuation here today?
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KOL Says