PaperBozz

$CRWD - Could be close to a pull back

BATS:CRWD   CrowdStrike Holdings, Inc.
CRWD CrowdStrike, looks overextended and could be close to a pullback. RSI and MACD are showing bearish divergence.

It may reach $307 before staging a pullback.

I might consider placing a bearish bet around $307.

There is a risk that it could run to $318. Still, risk-reward favors the downside.

Downside targets:
$272
$259

Risk:
$318

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.