I would definetly be worried now if i was an investor in CRO, Fundamentals are lacking severely given the market cap.. it has broken the 43EMA on the daily which it hasnt been below since December last year. If i had to use an example of a retail stock biting investors, id look at IBX.asx, same people that initially pumped the stock up as CRO.. im sure both companies have potential, but do you want to be sitting on a stock for 2 years until a move happens?
Be cautious entering here, or if you hold, holding for longer hoping for a bounce with poor fundamentals.
Be cautious entering here, or if you hold, holding for longer hoping for a bounce with poor fundamentals.
