Atlassian stock is highly oversold: buy the dip or sell the rip?

Atlassian stock price remains under intense pressure this month as the sell-off in its software business continued. TEAM dropped for four consecutive weeks, reaching its lowest level since December 2018. It has dropped by 83% from its all-time high, with the market capitalization falling from $136 billion to the current $15 billion.  Top reasons why the Atlassian stock price has crashed  There are three main reasons why the TEAM stock price has crashed in the past few years. First, as we have written before, its insiders have been the most aggressive in dumping the shares in the past few years.  Data shows that these people have dumped over 3.8 million shares in the last 12 months. The top sellers are…