003 PIGGISH PLAY - ER Long - CRWD - Enter Post-Retracement $66003. Piggish Play - CRWD ER Long
- Company is a strong, recent IPO
- Sector is hot, IPOs are hotter, ER whisper vs. consensus is very positive
- Chart is rare because it is a very bullish 2019 IPO with a perfect Fib-fitting in place already
- Usually recent IPOs can be difficult to play, but this one had the Corona-luck of drawing out key areas
-Instructions are in chart for how I''m playing it.***
**Will not be entering until broader market correction lightens in volatility.
***Alternative Entry if it does not retrace all the way to $66 week before earnings: Downward Approach + Hold $70
Piggish Rating: 92/100 because it is an unproven IPO, after all.
NASDAQ:CRWD