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$CBRS

BEARISH2026-08-07
Price around the call
↓ 2026-08-07
By horizon✓ hit-13.3%
1d
✗ +2.4%
5d
✗ +9.6%
21d
✓ -13.3%
Original post
Mr. T · 2026-08-07

today im buying new position - $CBRS. cerebras systems. the AI compute name most people forgot about after the IPO drop. daily chart just fired a buy signal on my indicator. bull consolidation forming after the base breakout in late july. price consolidating between 200 and 240. sitting at 225 today, up 6.77%. here's what the market got wrong on this one. CBRS IPO'd at 380 in may. dropped to 160 in 6 weeks. everyone called it a broken IPO and moved on. but the fundamentals never broke. cerebras makes wafer-scale AI processors — the actual chip competing with nvidia at the training layer. the base built at 160-190 was the market rebuilding conviction. the breakout above 200 was the tell. today's buy signal is the confirmation. adding a starter position at 225. size up on a break abov

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