CRDO – SWING/POSITION IDEACredo Technology Group Holding Ltd.BATS:CRDOshortermtraderCRDO – SWING/POSITION IDEA (SHORT & CONCISE)** **Entry:** $218 | SL: $178 | **TP:** $310 | R/R: 1:2.3 ⚡ Why Buy the Dip? Fundamentals on Fire: FY26 revenue tripled to $1.3B. Q4 +157% YoY, EPS beat by 12.6%. Non-GAAP GM 68.3%, Operating Margin 47.8%, Net Margin 51.9%. AI infrastructure powerhouse (AECs, optics). Strong Balance Sheet: $1.4B in cash. Operating cash flow hit a record $182M in Q4. Technical Context: Stock suffered a 6-day, -24% sell-off (oversold) despite no bad news. Trading near the 200-SMA support ($167). The 50-SMA sits at $232 (initial resistance). Connors RSI2 Signal: Our proprietary algorithm detected an active Connors RSI2 buy signal — the 2-period RSI has dropped into oversold territory (