Credo财报后因毛利率下滑和费用上升盘中大跌，短线不追空也不抄底

Credo Technology Group ( CRDO ) shares fell nearly 19% to $167.9 on Wednesday following the company’s earnings report, pushing the stock below its 200-day moving average of $175.15, a level often watched as a gauge of the longer-term trend. The stock is now nearly 22% below its 5-day moving average, about 29% below its 20-day average, and 28% below its 50-day average. The sharp decline has also pushed the stock into oversold territory, with its 14-day relative strength index falling to 32.64. An RSI below 30 is typically considered oversold, putting CRDO close to that threshold. The slide comes as the firm reported quarterly results, with gross margin falling to 64.5% from 68.2% in the preceding quarter and 67.4% a year earlier. Meanwhile, GAAP operating expenses more than doubled to $188.4M from $89.6M a year ago. CRDO had already been under pressure in recent weeks, falling from $282.8 on Aug. 17 to $206.63 on Sept. 1 before Wednesday’s latest decline. Trading volume also rose sharply, with more than 9.5M shares changing hands on Sept. 1. The stock remains 17% higher year to date, but the break below the 200-day average suggests the technical outlook has turned increasingly bearish.