CRWD trade ideas
CRWD earnings fractal - LongGoing back to Q1 21 (CRWD fiscal) you can see a bit of pattern how the stock acts going into earnings. The pattern being a sell-off either a week or so before or around 3 weeks. 7-10 days or 20-24.
The first date range is 7 days and it moves upwards of 45+% into earnings of its lows
The next is 23 days and moves close to 60% off it’s lows
The next is 21 days from its low to earnings and runs 33%.
The next is 9 days and runs up 25% from its previous low going into that period
The next is 23 days and it moved up sub 30% from its lows going into earnings
The next is where we are today…
Should we look out 22 days (Q2 2022 CRWD ER and use the daily pattern) and move to $300. That would be a move of ~25% from the lows of today.
$CRWD Pullback on pivot and ema10$CRWD pull backed on pivot and ema10 yesterday forming a kind of handle.
The stock has a 18 weeks consolidation period. Volume was very strong durinng breakout
Last quarter figures remain strong even if the EPS is decelerating (EPS + 267% / Sales +70%).
Computer Software-Security is TOP 10 industry on MarketSmith.
We started a position with a nice entry point and a small stop loss.
Crowdstrike Analysis 31.08.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
Cup and Handle Earnings 8-31 AMCEarnings are 8-31 after market close.
Big break to the upside and was before earnings were released. Lots of green. There is a gap under price and a pocket pivot as well.
Pocket pivots are a way to identify institutions' footprints within a base or an uptrend. Institutions buy within consolidation periods and during uptrends. This buying will leave behind a volume signature, and that volume signature is called a pocket pivot. The definition of a Pocket Pivot is the day’s volume must be larger than any of the down volume days in the prior 10 days.
Pocket Pivots are described in a good book ‘Trade Like an O’Neil Disciple’ of Dr. Chris Kacher and Gil Morales.
Very bullish chart. I plan to watch.
No recommendation
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!
Crowd So we had a breakdown and then managed to regain back inside the wedge. I’m glad I took profits down in the 250 range,
However it has reached in my veiw the maximum target for this wedge idea anyways. If this stands true, 273 would
Be too and we are nearing of this wedge here. If it has a bullish breakout, then it’ll be looking at targets up in the 330$ range. I believe this wedge will play out, losing 261-262 support would be mostlikely the wedge idea starting to play out. There isn’t much time left in this pattern