CRDO - Episodic Pivot - 2025-06-03
CRDO Trade Summary
Performance metrics and trade details for CRDO breakout.
- Stage
- 2
- Catalyst
- Earnings Report
- Risk
- 5.0%
- Gain %
- -5.0%
- Market Condition
- Bullish
- Entry
- OPB
- Stop
- LoD
- Exit
- Signs of Weakness
- Reward Risk Ratio
- -1.0R
- About
Credo reported strong earnings after the June 2nd close, and the stock gapped up 19% pre-market.
- Early Action: Volume surged off the open, hitting average daily volume within the first 10–15 minutes.
- Intraday Weakness: Despite the explosive start, the stock faded and closed below the opening price.
- ORB Trade Outcome: A 1-min ORB entry using low of day as stop would have resulted in a ~5% loss by the afternoon.
- Market Context: The selloff was broad — CEG, which gapped up 10% on news of a billion-dollar AI power deal with META, also reversed and closed red.
Before Breakout Daily
Intraday Entry
After Breakout
Market Correlation Analysis for CRDO
Top Similar Tickers
Stocks that move in the same direction as CRDO