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CRDO - Breakout Trade

CRDO - Breakout Trade

TradingViewTradingView2026/05/12 02:45
By:TradingView
CRDO - little late for a good R:R trade but this is a momentum trade now.

If this momentum continues in this AI theme, this can see 300 easy and quick from here.
But if the theme pauses or slows down, we can see a pullback.

Two paths - Breakout path and Pullback path

Target 1 - 240
Target 2 - 300
Target 3 - 350-360 (extreme bullish case)

Have a tight stop loss around 185
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