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bottlenekdolfin
May 20, 2022 10:16 PM

Fibonacci retrace, Elliott wave, fundamentals Long

CrowdStrike Holdings, Inc.NASDAQ

Description

Cyber security is growing jobs by 33% over the next decade (Bureau of Labor Statistics). State actors like China, Iran, North Korea, and Russia are unlikely to stop their cyber campaigns. We can see on the chart a .618 retrace of the first impulse up. Or this was the 4th wave down. Or this was an ABC retrace.

The whole economy is probably going into recession. China has defaulted companies. I hear Canada might be going into a housing crisis.

Could take some time, with more downside, but I see a $390 price eventually. Crowdstrike marketing has been great.
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