4CRWD trade ideas
Long CRWD CRWD Broke above the Trade line on the daily chart and now has it curling up, Will be watching for this to act as support on any pullback. Watching for a push to test 70 dollars make it its base and make a move up to test its 50 day moving average at 79.68. The Bottom line is the 8 day ema the Trade Line. The middle line is first resistance and first take profit. The top line is the 50 day moving average Next take profit target. I use Tier Trading and sell on the way up.
Come check out my Vlog on This stock bit.ly
CRWD potential reversal!
CRWD expected to rise up to 1st resistance at 63.68 where it could potentially react off and drop down to 1st support at 51.77.
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Crowdstrike Possibility...Let Me Get My Crystal Ball Out...CRWD Pretty self-explanatory idea on chart. Levels where I think CRWD can go, eventually ending around 130 area. In my opinion likely to see low 70's and possible gap fill before moving on up, in an effort to complete corrective wave. Obviously tons of things can happen to negate this, horrible or outstanding earnings being just one of them. I do like the stock, and look forward to making money on it, whichever way it goes. Happy hunting and GLTA!!
Crowdstrike potential bullish trend after earnings.I see a few interesting points:
It has done the shape of a pull back on a big resistance where a gap started.
The awesome oscillator shows a possible trend reversal with twin peaks pattern.
Stock is oversold due to the RSI.
Also, there are earnings reports coming next week and the estimation is lower than the previous, which was less than expected.
Let's see what happens next!
How high will it go?While I was super hot on this IPO but I sold most of my shares post-ER. Keeping 20% for 5 years more on advice of a CNBC guest on Friday 7/19/2019. She said "Cybersecurity is good investment for next 5 years". I took it to heart but with a limited small position. I would love to add back in mid to high $70-ish.
Crownstrikes blowout earnings impressive, but wait if missed outCrowdStrike Holdings (CRWD) reported its first quarterly earnings as a public entity on Thursday evening. To say the company did well would be an understatement.
For the first quarter of fiscal year 2020, a beat of one penny seems unspectacular, as it's hard to see a loss of $0.47 per share as positive. CrowdStrike posted revenue of $96.08 million, also a beat. Good enough for year-over-year growth of 103.2%.
The metrics within are what's so impressive, though. Subscription revenue increased by 116% to $86 million. Non-GAAP gross margin widened sequentially to 74% from 62%.
This has the software security solutions company projecting revenue of $103 million to $104 million for the current quarter (fiscal Q2), and a loss per share of -$0.23 to $0.24. Wall Street was looking for -$0.31.
What does CrowdStrike do exactly?
This company uses a database, as well as machine learning in order to detect malware on computers, mobile devices and corporate networks. In other words, cybersecurity. It's not just CrowdStrike. If you missed this move, the entire industry is hot, hot, hot.
source THEstreet
AVERAGE ANALYSTS PRICE TARGET $88
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
CrowdStrike Holdings, Inc. operates as a holding company. It provides cloud-delivered solution for next-generation endpoint protection that offers cloud modules on its Falcon platform through SaaS subscription-based model. The company was founded by George P. Kurtz and Dmitri Alperovitch on November 7, 2011 and is headquartered in Sunnyvale, CA.
FUN POST = This is a test to prove to TRAVIS that TA is real.I know nothing about this company, but my friend believes TA isn't helpful and I want to prove him wrong. So here's the chart: let's see what happens.
My chat with him:
"You can buy right now and know to sell if it drops below 71.50, then if it breaks 75 it's easily hitting 79, then prob 83, then maybe 86
If it break 71.50, the first support is 70, then the next support is 66.
Reverse Head and Shoulders, and Cup and Handle. Both are good. Both those formations are bullish.
The arrows represent the price targets based on the formations, while the fibonacci lines are major 'mental roadblocks' the market intrinsically has
So, on CRWD, if you like the company and believe it's worthy of an investment, you:
1 - Buy right now and hope it breaks above the neckline/cup and handle recent high of 75, with the price targets (25% of position out at each of those targets)
2 - Wait for it to break through the upper resistance of 75 and sell at those targets.
3 - Wait to see if it falls through the trend line of 71.50, and place 50% of your intended position size at 70, with the remaining 50% at 66.
TA doesn't work all the time, but it greatly improves your chances"