1CRWD trade ideas
$CRWD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CRWD after a Positive over reaction following its earnings release placing the stock in drift B
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CRWD Long OCT 2021 CallGrabbing CRWD long option at this level.
Multiple factors are setting the stage for nice upside move here.
-Overextended W pattern retesting support
-Holding the 50 EMA on the daily chart
-Strong demand for this current stock
Targeting a 10/20% option move in the coming days/ weeks
We are allowing plenty of time for this trade to play out.
Good luck, lets catch those moves!
$CRWD Forming a Cup with Handle?I've been building a position in this name for awhile now. You can see my small incremental adds on the chart. I added again today as it broke above recent highs. A true Cup /w Handle needs at least 5 days in the handle. We are there after today. A proper buy point would be a break above the high of the handle (today's high). This one may be worth putting on your watch list. These formations have a good track record. However, nobody can tell for sure which way a stock may move.
$CRWD is in the cyber security space and faces a long ramp ahead, IMO. Ideas, not investing / trading advice.
From earningswhispers.com:
Crowdstrike Holdings (CRWD) reported Quarter January 2021 earnings of $0.07 per share on revenue of $264.9 million. The consensus earnings estimate was $0.08 per share on revenue of $250.4 million. The Earnings Whisper number was $0.11 per share. Revenue grew 74.2% on a year-over-year basis.
The company said it expects first quarter non-GAAP earnings of $0.05 to $0.06 per share on revenue of $287.8 million to $292.1 million and fiscal 2022 earnings of $0.27 to $0.30 per share on revenue of $1.31 billion to $1.32 billion. The current consensus estimate is earnings of $0.04 per share on revenue of $267.85 million for the quarter ending April 30, 2021 and earnings of $0.28 per share on revenue of $1.22 billion for the year ending January 31, 2022.
CrowdStrike provides cloud-delivered endpoint and cloud workload protection. Leveraging artificial intelligence (AI), the CrowdStrike Falcon® platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise.
CRWD (Crowdstrike) - Bullish end to quarterCrowdStrike Holdings Inc. provides cloud-delivered endpoint protection. Leveraging artificial intelligence, the CrowdStrike Falcon(R) platform protects customers against cyberattacks on endpoints on or off the network. CrowdStrike Holdings Inc. is based in SUNNYVALE, Calif.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Missed my first opportunity to enter as price pushed through LOW point
- Now as price pusjes for MID point second opportunity to enter
- Expectation for the price to move to MID/HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
CRWD about be struckNot looking good for CRWD - shame their excellent earnings went swept under the rug as the tide of the market waxed and waned. I'm long with CRWD so not selling yet but if they breach the green uptrend line this may get a bit ugly and force my hand. This needs something good to a) bring it back above trendline and support zone, and b) something to bust through the downtrending nature it's taken.
Bigger picture:
CRWD, TIME TO BUY?Hello fellow traders and investors, here's another trade idea.
CRWD has recently pulled back to the support area, if CRWD makes a recovery to the previous high it offers a 32% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI is relatively oversold
When To Buy:
When the EMA's and the Macd crossover
When To Sell:
I recommend selling at the previous high
Fundamentals: CRWD engages in the provision of a cloud-delivered solution for next-generation cybersecurity. They have a P/S of 46, a debt/equity of 0.85, a sales growth Q/Q of 74%, an earnings per share growth of 37% Q/Q, a profit margin of -10.60%, and a short float of 5%.
Rating: 60/100 the technicals are good, the fundamentals are decent because they have good growth but they aren't profitable and are their valuation is way overvalued so I think it deserves 60/100.
NOTE: There's a resistance around the 200$ area.
I hope you enjoyed this quick analysis and many more to come.
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