CRWD Is Trading Now Using a Price Channel Pattern. Price channels are continuation patterns of parallel trend lines. They indicate that the price is likely to continue moving within the channel.
The breakout from the channel can signal significant trend changes. An upward channel suggests a bullish trend, while a downward channel indicates a bearish trend.
The breakout from the channel can signal significant trend changes. An upward channel suggests a bullish trend, while a downward channel indicates a bearish trend.
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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.