CRWD ER Stock Cycle Round 4.See Chart. Check Profile for last Q's similar sell-off then big run.
I will be a buyer / reloader in the 240's.
C2RW34 trade ideas
$crwd hourlyfor those who want to see I expect something like this. For now we wait.
Normally takes ~3 days to bottom after bad news.
If you want an update at any point in time message me on the other app I cant speak of. I see that more frequently then this
$CRWD - we are in complex correction Quick post
We followed WXY move - likely will bounce here but then flush one more time. I will wait until likely Weds to buy more long. NOT SELLING ANY OF MY POSITION HERE BECAUSE I ONLY WAS SMALL TO BEGIN WITH, DO WHAT MAKES SENSE FOR YOUR RISK APPETITE
ATH IS STILL COMING UNLESS TOP IS IN AND TL AREA BREAKS
CRWD breakoutCRWD is making a nice cup and handle with hard resistance at 290. The couple of times it approached this level it was overbought as indicated by the MFI—not this time. Every time this stock bounces off the trend line since the March 2020 lows it doesn’t look back. Relative performance to the ETF hack is making a nice ascending triangle. PANW earnings next week might provide the catalyst; breakout may be imminent.
$CRWD: Strong Support at the 21-day EMACybersecurity equity valuations are soaring because people and investors realize that they will play an increasing role within company lives as we move further into the digitization of our economy.
Crowdstrike is an attractive investment mainly because of its rapidly increasing FCF and gross margins. Their ARR has also been rapid as they acquire new customers while maintaining relationships with existing customers.
Technically speaking, the 21-day EMA has acted as an excellent support/dip-buying opportunity on the weekly timeframe, as indicated by the chart. With the RSI gradually rising alongside this overall bullish trend, it is indicative of a strong upwards channel.
Cup and HandleLong entry level is 289.35 for the cup pattern. The cup depth is 53.61.
This is also trading in an ABC Bullish pattern. Cup low is C.
No recommendation.
Earnings 12-1 AMC
$CRWD - more downside likely bull & bear in descriptionAfter this weeks action I think we are going to get a TL retest prior to ER.
Bulls - this is a double correction for a wave 2 (wxy).... BUY THE DIP (I favor this and will be buying)
Bears - No extension in wave 5, top is in, short TL break.
CRWD AnalysisWorking through understanding various techniques to analyze stock. In this one, I think I’ve found a pretty solid buy line considering Crowdstrikes momentum. Obviously outside factors could impact that line, but their trend appears to be consistent. I plan on keeping an eye on this one and appreciate any other perspectives. How could this be better? Is there anything I’m missing?
$crwd - going down for 2 as expectedAs expected CRWD is pulling back for wave 2. I am going to take a starter position here w/ time (I wouldn't touch anything earlier than Jan). Def could still see more downside on this one, but I will risk accordingly and look to go full position if it heads lower.
Potential bottom spots: anywhere in this area or if we head lower then likely at the TL around 250.
Once bottom is found we should be seeing a wave 3 ripper to ATH well into the 300 range. If CRWD has topped (unlikely if market continues to rip), then it will not be extending in wave 5 and that means we could see a very very large pullback. Stop loss for me is downside break of the TL w/ volume confirmation.
Crwd Short back to support 247-250. Let's see if it bounces. The eventuality of this pattern is a 10-20% correction but its must break support. So I just to focus on the short play back to wedge support at 250. Depending on the market conditions the return trip to support may take 2weeks
CRWD Analysis - 09/27NASDAQ:CRWD Breaking below the flag on the daily chart signaling a downtrend towards the bottom trend line on the weekly flag if CRWD doesn't reclaim the daily flag (above $280) . If it does it can push toward $290+.
CRWD - 10.24.2021CRWD broke out of a falling wedge pattern two weeks ago, now consolidating just under ATHs...
With momentum on the daily chart + bullish consolidation, we could see this break to ATHs...
Over 290 is the entry.
If near support breaks, a dip buy to EMAs would make sense for an ATH push in the coming weeks.
$CRWD $SQ $TEAM $NFLX I OptionsSwing WatchlistCRWD 4H I CRWD is still testing ATH levels near $290. Our scanners picked up more activity betting on a break to $310 before 11/19. CRWD average price target is $315.
SQ 4H I SQ filled the gap last week and the OS ALGO SQ $250 calls we highlighted on our watchlist went from $3.85 to $15.50! Or a 300%+ play! Seeing support near $250.
TEAM 2H I The OS ALGO TEAM $410c 10/22 contracts we highlighted last week ended up going deep ITM. TEAM is reporting earnings on 10/28 after hours.
NFLX 4H I NFLX outperformed the market after beating earnings. Its average price target is $677, and we are starting to see a bearish divergence on the RSI.
crwd - Falling wedge break out follow through dayCRWD - Broke out the falling wedge.
MACD - Bullish
It is continued on follow through day.
$CRWD - fav for next few monthsCRWD is another one of my favs going into EOY.
Right now it appears to me that it is working on starting primary wave 3 of Cycle wave V. For this count to be valid it must hold the 227 low. If that low breaks then likely cycle wave V has already completed and we could see a large retracement. short term PT 265+ if the market can play ball for us
$CRWD Exponential Moving AveragesActionable trade idea using Exponential moving averages (EMA) on CrowdStrike
CRWD CRWD CRWDCRWD - if it can stay above 260.14 and/or above the trend line breakout at close, I can see it swing to 276.43.
Resistance levels 266.5, 270, 276.43.
CRWD: Possible 5 R/R ratio down side tradeCrowdstrike has had a good run up, about 800%, since covid19 low back in March 2020. Price is still contained within the long term up trendline, which means the uptrend is still intact.
From the Weekly chart, it has completed the 12345 impulse wave, and is now at A retracement.
Daily chart, it's currently pulling back to 4th wave and preparing for 5th wave selloff.
(We should be anticipating a Zigzag 5-3-5 pattern as well, and this will give us an ABC correction on the Weekly)
Entry: Look for price rejection at Supply Zone, around $266-270
Stop loss: Don't want to see it encroach too much into wave 1's territory i.e. $ above $275
Target profit 1: Demand Zone around $245
Target profit 2: Trendline support around $232
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
$CRWD TA / wave countThis one is looking very bullish to me, giving roblox a run for its money on what I like the best. Any dip here is a buy. I am seeing a wave 1 PT of 286 (this impulse takes crwd into mid 300's before market tops)
Bull signs: broadening flag break out at lower TL Support. MACD curling looking for bull cross. Above POC. 8EMA looking to cross 21 EMA and we are above the 50 sma. If the market cooperates we will be back near ATH soon
What i dont like: still gap beneath, market still seems like it could flush, and low volume.
With that being said if we go into a 7 swing correction (wxy) look for the gap fill and then go long from that spot because there will be one more leg higher going into year end / early next year. That is where I see the actual market top occurring.
$CRWD good lookingWedge pop. Big impulsive move to a combo 13. Pull back has low volume. Bounces of resistance turned support. Holding up wedge. I'll buy into any weakness.
256.13 good spot to add if it drops there.
ABC BullishPossible stop under C/248. A is the handle low.
There should also be support at the handle low.
I love to see green, but often if there is a bit too many green candles, a pull back is coming.
No recommendation
Weekly Watchlist 9/20 - 9/24Here is what stocks we are watching for this week!
NASDAQ:NVDA
Currently range bounce with a support of $518. Will looks to take puts on a move under that 518 level.
NYSE:GS
Looking at a double top on the daily level. Looking to take puts under the $388 level
NASDAQ:CRWD
Clean bear flag showing on the daily chart. If we get more selling in tech this should see some nice downside on the break of $259.50
NYSE:SNAP
SNAP we are keeping on from last week's watchlist. Looking to take calls to the upside on a break of $76
