UnknownUnicorn21312077

A trading idea on CRWD! šŸ‘

NASDAQ:CRWD   CrowdStrike Holdings, Inc.
CRWD is one of the stocks that are on my radar, but we canā€™t trade it right now. Why? Because it is sensitive to the Nasdaq, and if the index drops in the next days, probably CRWD will do it too.

I see the 227 as an important breakpoint, that could make the stock reach reasonable levels again, if it loses it.


See, the 227 was a top level before, and a support for CRWD. If lost, the 221 is the next stop for it, but Iā€™m not entirely happy with the idea of buying CRWD at this level, especially because it still looks pretty overbought to me.


The 20ma in the daily chart is a better place, and I think itā€™ll hit there. When it does, it could give us a nice trading idea soon! Letā€™s keep our eyes on CRWD in the next few days, and watch out the 227 area in the 30min chart!

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See you soon,
Melissa.
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