Verified Investing on $CRWV (Oct 26, 2026)
CRWV, near 52-week/all-time lows, has reached the 8.86 Fibonacci level around $50-$51.50 that the speaker finds attractive for accumulating, citing its low debt and the extra bearish sentiment after Elon Musk's negative comments, since widespread hatred is often when to start accumulating. He owns none yet, may not trade it today, and says it may pierce $50.
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Now, in addition, we had the AI trade crumbling as well in the Neoclouds, which really have seen a hit like Coreweave. They remain near 52- week or all-time lows.
Another one is Coreweave. So Horweave is part of that Neocloud group and Elon Musk kind of came out over the weekend on uh X basically saying a lot of these guys they're not going to do well in the future and so we're seeing Cororeweave continuing to see a little bit of pressure today but it's coming into a major level.
Look at this level on Cororeweave 886 Fibonacci retrace right around this 5150 level which is currently where it is. I'm not in this at this point, but I'm eyeing this very closely as a very interesting level.
Maybe it pierces 50. We'll have to see. But this is getting interesting, guys. Coreweave doesn't have a lot of debt. It looks very interesting here. And again, I'm going to be watching this very closely.
Coreweave obviously falling down here. If we'll go to CRWV here, look at this. Just in the last 15, 20, 30 minutes, we've had a dip right back down to the lows of the morning session here. That is a level I want us to watch.
All right. So, again, I don't know if I'll day trade this today in the room, in the live day trading room, in the Apex live day trading room, but it is certainly getting into interesting levels where again, $5150 to $50 is starting to look attractive.
Remember, when everyone hates it and essentially you get Elon Musk to say something negative, it makes everyone's emotion flip even more bearish. Oftent times that's the time to start accumulating.
So again, I'm going to keep an eye on it. Don't know if I'll jump in here in the day trading room today, but I will be watching it closely.
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