0A3N trade ideas
CRWDWent slightly positive today +0.1, Relative volume was actually 1.5 from average. Seeing this as a Dead Cat bounce. Relative Option Volume 1.1, Iv Rank is 8.0%, Bullish option flow. Finally, 45.1 RSI, and -7.9% from the 20-day MA. 20-day MS vs 250-day MA is -20.6%
Dec-20 calls for Strike $51 are 0.63
$CRWD Crowdstrike Swings 15% afterhoursEntry level $58.71 - Traget price $66.32 Stop loss $56.65
Huge beat and raise for CRWD.
Earninsg Highlights
CrowdStrike Holdings (NASDAQ:CRWD) is down 2.3% after hours following a Q3 earnings report with a better-than-expected loss and raised guidance for the full year.
Revenue rose 88% overall (to $125.1M) and subscription revenue nearly doubled, hitting $114.2M.
Annual recurring revenue also rose 97%, to $501.7M.
Operating loss (non-GAAP) narrowed to $16.5M from a year-ago loss of $28.6M. Similarly, net loss shrank to $13.4M from a year-ago loss of $28.8M.
Cash from operations was $38.6M vs. a year-ago use of $3.6M; free cash flow was $7M, vs. the prior year's -$13.1M.
For Q4, it's guiding to total revenue of $135.9M-$138.6M (vs. consensus for $127.2M) and EPS of -$0.09 to -$0.08. (above consensus for -$0.11).
For the full year, it's raising expectations for revenues to $465.2M-$468M (above expectations for $450.2M), and sees EPS of -$0.53 to -$0.52 (above consensus for -$0.63). Liquidity increased to $833.7M as of quarter's end.
Source seeking alpha
43% short interest could result in massive rally
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.
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.