$CRWD H&S Bear Pennant Breakdown

By arcarays
Hi! CRWD displays a fantastic symmetrical H&S top formation. This is accompanied by a bear pennant formation forming at the neck line breakdown area of $169. The entire formation is bearish. Nothing about this stock appears friendly. PE is 167 and trading at 43X price to book, (which is very expensive).
Bearish PennantChart PatternsCRWDhead_and_shoulderTechnical IndicatorspennantbreakdownpricetobookratiotopformationTrend Analysis
arcarays

Disclaimer