Interesting EW setup here fro CrowdStrike. Looking for continuation higher into wave 3 as we have just reached equality of wave (c) vs. (a).
If I am correct we shall see an acceleration to the upside soon.
Price is close to a strong S&R level.
Charts looks pretty good for bullish position.
Entrance: Anytime at 156 or above
Take profit= 199
STOP LOSS=145.16 (Fibo lvl S61)
CRWD sits at the convergence of two mega trends: Cyber security and AI. Strong impulsive move off the low combined with a 3 wave pull back and subsequent break of the W1 high implies a low-risk entry point ahead of earnings. Ultimately expect CRWD to reach quadruple digits over the next few years.
Following daily.
I got a long signal with my system.
Hard TP 178.39
But I'll publish a dynamic SL and target. If you want to join trade, please follow my updates.
CrowdStrike
Short Term
We look to Buy at 158.14 (stop at 148.77)
We look to buy dips. Prices expected to stall near trend line support. Previous support located at 156.00. We look for a temporary move higher. Expect trading to remain mixed and volatile.
Our profit targets will be 181.11 and 188.00
Resistance: 189.00 / 240.00 / 287.00
Support: 156.00 /...
A big Ascending Scallop structure can be identified before the recent break down
Using some price formations within this break down another scallop similar to the first can be plotted
It creates a very bullish scenario which is shown by the white bars pattern (lines pattern)
This is one of the scenarios I can see price progressing
CrowdStrike
Short Term - We look to Sell at 156.68 (stop at 167.00)
Preferred trade is to sell into rallies. Price action is forming a bearish flag which has a bias to break to the downside. Short term oscillators are moving lower. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our outlook is bearish....
we will confirm our bullish reversal if we hold above our current support , and the next target of resistant will be the confirmation for the bullish trend starting for this year .
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tiny.one
CrowdStrike Holdings, Inc. is a holding company, which engages in the provision of cloud-delivered solution for next-generation endpoint protection that offers cloud modules on its Falcon platform through SaaS subscription-based model. It operates through Domestic and International geographical segments. The firm's services include incident response services;...
$CRWD momentum remains at strength, closing with an intraday gain of +6.76% during a session with broad market weaknesses. $CRWD have attained a cumulative gain of +46.85% in this 2.5 weeks rally from the Bullish Ascending Triangle chart pattern breakout previously highlighted.
The last 3 days session was traded with an average transactional volume of 10 million...
$CRWD have successfully played out its Bullish Ascending Triangle chart pattern breakout, attaining a cumulative gain of +32.81% in this 2 weeks rally.
The closing session this morning was met with 15.26mil of transactional intraday volume, exceeding 315% of its average 50D volume at 4.45mil. Additionally, it is also observed that $CRWD is currently trading at...
-Trading between upward trend support line and resistance line set in Oct. and Nov.
-A breakout from range in early Feb to test historic highs trend line.
-Trade between range until a breakout in mid to late-March 2021
CRWD has broke above MA 21 and is challenging MA 50. Meanwhile, MA21 is going to cross over MA 50 if this momentum could hold for one or two days. A failure to break the neckline of the doulbe top pattern could indicate that price could jump higher !
