CRWD
CRWD corrective pattern above ATH. Hello guys! Welcome to another idea on Stocks. Today we will be analyzing CRWD in a very straightforward way.
Let's start with the important elements of the chart:
a) The price is inside an ascending channel. That's our macrostructure
b) After a top on February 2021, the price could not go through that level again. Until Jun where we had a breakout.
c) As you can see now, the price is making a corrective formation above the previous ATH in the resistance zone.
d) The current pattern is a triangle, where "E," the 5th wave, is almost finished.
e) Ok, where is the activation level for this view? We have defined a green horizontal line where if the price reaches it, we will consider that the stock has the potential to go towards the higher zone of the ascending channel (that's our macrostructure)
f) Let's assume the vision is activated; our cancelation level is below the triangle pattern. There we will consider that our view was wrong, and we need to recalculate. However, if the price never reaches the activation level and keeps falling below the triangle pattern, we will consider that our view didn't proceed as expected, and we change our perspective.
g) How sure you are about this analysis? Like flipping a coin, remember technical analysis is a statistical discipline where you NEVER EVER will know with certainty what will happen. However, you can work on your average win 50% and develop 1 : 2 setups around there.
Thanks for reading, guys!
$SNOW $CRWD $NIO $MSFT I OptionsSwing WatchlistSNOW 4H I After June, we see another SNOW ascending triangle leading into earnings in September. Watching a bounce near $260 or a break above $276.
CRWD 1D I CRWD was rejected right on our trend line last week near $270, watching for a bounce near $240-$245. CRWD is due to report earnings on 09/01.
NIO 1D I NIO possible cup and handle pattern. Watching for a break above $45 and the trend line. Our scanners picked up bullish activity expiring on 08/06.
MSFT 1D I A bounce above the breakout of this channel ($280-$285) that was formed back in 2020, could take MSFT closer to the average stock price target of $321.
$AAPL $CRWD $PTON $SHOP I OptionsSwing WatchlistAAPL 1D I Seeing unusual activity betting on a break from ATH with earnings coming. Price target is near $155, but the RSI is already showing a bearish divergence.
CRWD 1D I Last week we picked up unusual activity betting on the $280 and $300 strike on CRWD. We expect CRWD to break the trend line and head to $300 before ER.
PTON 1D I Seeing a possible inverse H&S on PTON. With the Delta variant causing more lock downs we can expect covid stocks to inch higher.
SHOP 1H I SHOP calls above $1,450 gave a 12% or $200 move last week. With earnings coming we don't expect a big move on SHOP as it was already made last week.
CRWDCRWD held the 251 level 3 times last week. CRWD needs to hold 251 to continue moving higher. I would like to see a break over 258 to go long.
Trade Idea: 262.5C. 7/2
The return of tech leadership? $CRWD is doing the VCP 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.
$CRWD flag - long to 300 extended target, 250 initial$CRWD showing a beautiful symmetrical triangle setup. If you missed my $BNTX callout this is next to run hard and fast.
$PANW in their last ER admitted they are losing business to $CRWD which is growing at record pace.
Positions: 240/250c 6/18; 250/260c 7/16
PYPL to test ath soon? $PYPL
broke major fib resistance level with bullish engulfing candle and huge volume
cleared supply zone
identical setup to CRWD before it shot up to test its' ath
CRWD Breakout CRWD - slower ADR stock for longer term portfolios. It made a huge run in 2020 before settling down. It’s consolidated nicely and has now broken out of the consolidation. This is bullish for the stock, but it will need the help of the overall market to continue going higher. This chart gives the trader a clear entry level and a clear stop loss in case the breakout fails.
A trading idea on CRWD! 👍CRWD is one of the stocks that are on my radar, but we can’t trade it right now. Why? Because it is sensitive to the Nasdaq, and if the index drops in the next days, probably CRWD will do it too.
I see the 227 as an important breakpoint, that could make the stock reach reasonable levels again, if it loses it.
See, the 227 was a top level before, and a support for CRWD. If lost, the 221 is the next stop for it, but I’m not entirely happy with the idea of buying CRWD at this level, especially because it still looks pretty overbought to me.
The 20ma in the daily chart is a better place, and I think it’ll hit there. When it does, it could give us a nice trading idea soon! Let’s keep our eyes on CRWD in the next few days, and watch out the 227 area in the 30min chart!
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See you soon,
Melissa.
CRWD Long OCT 2021 CallGrabbing CRWD long option at this level.
Multiple factors are setting the stage for nice upside move here.
-Overextended W pattern retesting support
-Holding the 50 EMA on the daily chart
-Strong demand for this current stock
Targeting a 10/20% option move in the coming days/ weeks
We are allowing plenty of time for this trade to play out.
Good luck, lets catch those moves!
CRWD Stock 21/03/21 Analysis 4H ChartNASDAQ:CRWD
- Trend Analysis -
📑Value: 6/20
📈Growth: 18/20
💰Profitability: 18/20
🚀Momentum: 16/20
💸Earnings: 10/20
🖇️Total Score: 68/100
Data:
Volume 7.38M
Average Volume (3 months) 4.35M
Previous Close $190.21
Open $192.88
Shares Outstanding 195.25M
Technicals:
( Simple Moving Average )
10D SMA $196.82 (-1.11%)
50D SMA $216.58 (-10.13%)
200D SMA $153.83 (+26.53%)
Market Cap $42.09B
Total Debt $778.99M
Cash $1.92B
Enterprise Value $40.95B
Revenue $874.44M
Gross Profit $644.89M
Net Income -
EPS Diluted -$0.43
Free Cash Flow / Share $1.34
CRWD has found local bottoms at spot on fibonacci levelsCRWD looks attractive having consolidated at 195-210 for quite a bit since a fibonacci retracement. Earnings and a raised guidance would push it higher, aiming for a retest of ATH
CRWDCRWD. Notice those jabs down in price to take out the longs before heading higher (marked by arrows). I love to see those. To me, its to shake out as many weak hands as possible. My entry isnt the greatest, but I trade on the weekly chart. If it goes, it goes. If not, im out.
Buy FEYE on this weaknessEarnings didn't entirely please analysts so it has been trading down ever since but that's folly in my opinion.
Fire-Eye is the best cybersecurity play in the Small-Mid cap range; Crowdstrike has gotten too far ahead of itself for me to be comfortable buying at those levels.
Go long FEYE
Short-term Price Target: $25
Mid-Point: $30. (sell half)
Long-term Price Target: $35
WATCHLIST - WEEK OF 2/1 - 2/5QQQ broke the 20 day MA on Friday. Would love to see that level reclaimed for more upside in the market. Here are some levels I see for this week (note, these are intraday levels - not swing levels). Of course, this is just my opinion and I am not liable for your trading decisions.
INO calls over 13.1 or 13.7
CRWD calls over 218.25
BYND puts under 177
JMIA puts under 54.3
If the market rallys this week then calls over 60 will work too
PYPL puts under 232.6
$ZS - Bullish Exploration of even more ATH'sRevisiting $ZS after our incredible first trade on it.
Now that we've established new highs, this opens some further targets for continuation.
Trend looks healthy - but I would like to see a pop above the pitchfork midline 👍
TG1: 226.38
TG2: 237.69
TG3: 244.68
Invalidation under: 208.08
Leave some feedback below if you have any!
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