To be honest, we arent entirely out of the woods. So if you look...

To be honest, we arent entirely out of the woods. So if you look at the macro part. the tech sector is inversely correlated with the 10 year yield. As treasury yields increase, more people flock towards it as it offers better returns. As such, the tech sector, which offers growth, which unfortunately has more risk, becomes less appealing. The 10 year yield broke resistance at 3% which is a multi year one. yesterday it was 3.20 which is highest since 2018 which has a peak of 3.25%. So, currently the yield is 3.04%. it has come down significantly and thus the tech sector is responding. The issue is this. 3% is now support. There is a good chance it might bounce off 3% and go up. how high is the question. if it decides to hit lower than 3.20% and reverse to come back down, that would be a good sign. Tech sector will then seriously get a massive boost. In the mean time, its highly risky still. This is the problem with single stocks. need to look at macro and micro.

if it breaks below 3% and stays there and actually reverses towards 2%, we will have serious gains to be had. of course, assuming that CTT still has ongoing traffic gains. I believe that costs would drop significantly as they have not been increasing paid search results as noted in multiple web traffic websites.