The never ending SaaS dump

Far-East-locker · 2026-06-22T16:19:29+00:00

=== SUMMARY === - The post notes that major SaaS stocks (CRM, ADBE) are hitting new 52-week lows and TEAM is approaching levels not seen since the Iran conflict (2020). - Author sees no reversal trend and questions whether the decline will persist until the next earnings season. - Quality assessment: Noise/speculation — lacks fundamental data, only anecdotal price action observation. === SENTIMENT === BEARISH === TRADE IDEAS === CRM - SHORT | confidence: 0.45 | sentiment: -0.60 Speaker: u/Far-East-locker Thesis: 1. THE FACT: CRM keeps setting new 52-week lows; no reversal pattern visible. 2. THE BRIDGE: Sustained downward momentum without a catalyst suggests further downside until next earnings. 3. THE VERDICT: Short CRM on continuation of the SaaS selloff, but low quality reasoning. 4. RISKS: Unexpected positive earnings or macro shift could cause a sharp reversal. Timeframe: short-term Key Points: - New 52-week lows repeatedly breached - No clear support or reversal signs - Earnings season may be next catalyst - Low conviction due to lack of data ADBE - SHORT | confidence: 0.45 | sentiment: -0.60 Speaker: u/Far-East-locker Thesis: 1. THE FACT: ADBE also hitting new 52-week lows per author’s observation. 2. THE BRIDGE: The entire SaaS sector is in a persistent dump; ADBE not immune. 3. THE VERDICT: Short ADBE as part of sector-wide weakness play. 4. RISKS: Insider buying, acquisition rumors, or stabilization in tech. Timeframe: short-term Key Points: - Part of the never-ending SaaS dump - No trend reversal mentioned - Similar trajectory to CRM - Low confidence, speculative TEAM - SHORT | confidence: 0.45 | sentiment: -0.60 Speaker: u/Far-East-locker Thesis: 1. THE FACT: TEAM is on track to return to "Iran War low point" (2020 lows). 2. THE BRIDGE: If the pattern holds, further decline is likely before any catalyst. 3. THE VERDICT: Short TEAM as a high-beta expression of the SaaS bear trend. 4. RISKS: Earnings beat or product cycle could break the pattern. Timef

u/Far-East-locker · Reddit — r/ValueInvesting · June 22, 2026 at 16:19 · ⬆ 31 pts · 💬 33 comments | View on Reddit ↗

AI Summary

Summary

The post notes that major SaaS stocks (CRM, ADBE) are hitting new 52-week lows and TEAM is approaching levels not seen since the Iran conflict (2020).
Author sees no reversal trend and questions whether the decline will persist until the next earnings season.
Quality assessment: Noise/speculation — lacks fundamental data, only anecdotal price action observation.

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Comments 33

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