dpuleo19

The return of tech leadership? $CRWD is doing the VCP

Long
NASDAQ:CRWD   CrowdStrike Holdings, Inc
NASDAQ:CRWD looking good. Formming a volatility contraction pattern ( VCP ), price above 20d, 50d and 200d MA , better than expected earnings for the last 3 quarters and the sector is having a good relative strength against the market. So, now I'll be waiting for the breakout above $227 to entry.

Another thing worth mentioning is that its price earnings ratio (PER) is negative, this means that its earnings are far greater in relation of its stock price and need catching up, which is starting, that is a good sign.
Trade closed: target reached