$CBRS

CBRS is a buy on its chart: at all-time lows from its IPO and after touching its descending trend line on the downside today, following a fall from $212 on September 25 to $126 in about three weeks.

Bullish
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Verified InvestingPublished Oct 16 · 1 passage

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And I'll tell you, I did buy one semiconductor at the end of the day because of the chart, and that chart was CBRS, right? Cerebras. And again, let me put that in RS here. The reason I picked this up, it's at all-time lows from the IPO day, which was just absolutely ridiculous.

But look at this descending trend line here, right through here, and we basically kissed it today on the downside. So, just going back to September 25th, 3 weeks ago, this was a $212 stock. It's now $126. What a fall from grace.

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