CRWD
The Crowd (Strike) goes wild!CrowdStrike
Short Term
We look to Buy at 158.14 (stop at 148.77)
We look to buy dips. Prices expected to stall near trend line support. Previous support located at 156.00. We look for a temporary move higher. Expect trading to remain mixed and volatile.
Our profit targets will be 181.11 and 188.00
Resistance: 189.00 / 240.00 / 287.00
Support: 156.00 / 137.00 / 120.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
CRWD Ascending Scallop Repeating StructureA big Ascending Scallop structure can be identified before the recent break down
Using some price formations within this break down another scallop similar to the first can be plotted
It creates a very bullish scenario which is shown by the white bars pattern (lines pattern)
This is one of the scenarios I can see price progressing
Crowd being struck down? CrowdStrike
Short Term - We look to Sell at 156.68 (stop at 167.00)
Preferred trade is to sell into rallies. Price action is forming a bearish flag which has a bias to break to the downside. Short term oscillators are moving lower. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our outlook is bearish.
Our profit targets will be 130.62 and 120.15
Resistance: 155.53 / 191.54 / 240.00
Support: 130.00 / 119.00 / 95.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
CrowdStrike at 61.8% Fibonacci RetracementCrowdStrike
Short Term - We look to Sell at 224.99 (stop at 242.70)
Preferred trade is to sell into rallies. Selling continued from the 61.8% pullback level of 241.77. Short term oscillators are moving lower. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 151.00 and 131.00
Resistance: 250.00 / 280.00 / 300.00
Support: 200.00 / 150.00 / 120.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
CRWD technical drawing from a TA Noob.bottom line is support, top horizontal line is previous resistance line and angled line is a channel line. at the center where 2 lines meet is a breakout point, basically it needs to go above that to have a breakout or it will hit resistance and move back down possibly to previously shown support.
What do you guys think?
Basically we need a confirmation of the bullish pattern and the share needs to move and hold above 205 which is a Fib retracement level of resistance.
I expected this stock to not hold and move down, hopefully to below 180 as I am short.
Today we had good news (catalyst) plus strong market pushing up.
Please let me know what you guys are thinking.
Thanks.
P.S. If anyone sees this who has a lot of experience and is good at TA, please correct me on what I did not do correct.
CrowdStrike Shooting Star?CrowdStrike - Short Term - We look to Sell at 196.47 (stop at 211.24)
Posted a Bearish Shooting Star formation. We look for losses to be extended today. This move is expected to continue and we look to set longs at good risk/reward levels. Previous resistance located at 200.00.
Our profit targets will be 158.90 and 150.93
Resistance: 200.00 / 220.00 / 230.00
Support: 150.00 / 138.00 / 120.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
CrowdStrike | CRWD | Short to Gap FillCrowdStrike Holdings ( NASDAQ:CRWD ) may have the same fate as many tickers after a post-earnings gap-up: a drop to gap-fill. While it could move up to the 200 EMA (green line) in the near-term, catalysts such as the Federal Reserve meeting and OpEx next week may create an inevitable decline to fill $171.08 to $182.55. Further weakness may cause it to test support at $150 or even $140. However, if it has a sustained break over the 200 EMA, then a bull run may start.
CRWD: Complete Trend Analysis + Key Points to watch!Hello traders and investors! Let’s see how CRWD is doing today and do a complete MTFA on it!
In the 1h chart, we see a clear bull trend, and there’s no reversal pattern around. The 21 ema is a technical support, and as long as it keeps above it, there’s no reason to worry. However, we could see a reversal if CRWD loses the red line at $ 190.36.
In addition, as evidenced by the purple line, the previous top is not higher than the previous top, and if it loses the $ 190, the market may see this as a possible Double Top, or as a bearish pivot point.
A pullback on CRWD wouldn’t be that problematic, as in the daily chart we see some good patterns. It is finally breaking the 21 ema again, and it stopped doing lower highs/lows, ending the bear trend for good. What’s more, it triggered a Double Bottom chart pattern above the red line at $ 154.15 (we’ll talk about it later).
This seems to be a nice reversal pattern, and a pullback to the 21 ema is expected, and this wouldn’t ruin the reversal thesis. To be honest, now is the best time for us to see a small pullback on CRWD, just look at the weekly chart:
We just hit the 21 ema in the W chart, and that’s a nice resistance on CRWD. To me, it would be good to see CRWD doing a pullback to its 21 ema in the daily chart, in order to build another bullish structure and trigger a reversal in the weekly chart as well.
Remember the red line at $ 154.15, we can see it from here too. This line was Sep 2020 top, now it is working as a support, and this movement reinforces one of the most important principles of Technical Analysis that I always mention in my analyses: The Principle of Polarity.
CRWD has its challenges, but we see many good signs to work with. Let’s pay attention to the key points mentioned in this analysis. I’ll keep you guys updated on it, so remember to follow me to keep in touch with my future analyses.
Time for CRWD to shineHello Friends!
I’m looking for CRWD to test the 200 day ($185) and build that as the new support. Then it should target $206 and consolidate in that zone before the next move.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice . Do your own research.
What is Anchoring? a Behavioral Finance phenomenonIf you have an investment that has experienced a decrease in value significantly, and you decided to keep and sell at your entry price, please read this article it may help you to make a better decision.
Before we go to the main educational point, keep in mind those who bought tech stocks at the market peak in 2000-2001, waited 15 years to get even..!
Educational Point:
Anchoring
The concept is part of the field of behavioral finance, which studies how emotions and other extraneous factors influence economic choices.
In the context of investing, one consequence of anchoring is that market participants with an anchoring bias tend to hold investments that have lost value because they have anchored their fair value estimate to the original price rather than to fundamentals. As a result, market participants assume a greater risk by holding the investment in the hope the security will return to its purchase price. Market participants are often aware that their anchor is imperfect and attempt to make adjustments to reflect subsequent information and analysis. However, these adjustments often produce outcomes that reflect the bias of the original anchors.
Examples:
1-DASH:
2-FB:
3-CVNA:
4-CRWD:
5- ZM:
6- COIN:
7-SPOT:
8- NFLX:
9-PTON:
10- RNG:
these are just some examples of stocks that lost more than half of their value in the past few months or weeks..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Reference article:
www.investopedia.com
CRWD : RESET / POSITION TRADECrowdStrike: Another Solid Quarter; Buy Opportunistically
~ After solid F1Q22 results, we reiterate our buy rating on CrowdStrike. We urge long-term investors to buy shares on weakness and existing shareholders to remain invested in the stock.
~ Elevated security spending, new customer additions and upsells into its install base, low churn, and displacement of legacy vendors will drive CrowdStrike revenue.
~ CrowdStrike will become a formidable competitor to Splunk with its Humio acquisition. CrowdStrike hinted on the call that it displaced Splunk at a major customer.
~ CrowdStrike reported another exceptional quarter beating all metrics and guided up. We expect CrowdStrike to remain a dominant security vendor in the near term.
~ CrowdStrike stock will remain expensive and volatile. Hence investors should be buying shares on weakness as when opportunities are presented.
SOURCE : Tech Stock Pros, SeekingAlpha, 04-Jun-21
seekingalpha.com
$NVDA $CRWD $ABNB $LRCX I OptionsSwing WatchlistNVDA 30M I Watching NVDA for a possible relief bounce near $230, after selling more than 30% from ATH. A break below this level and it could see $220 next.
CRWD 1H I Significant bullish activity was picked up on CRWD betting on a bounce to $170 this week. Watching for a break above $165 or pre-market high.
ABNB 2H I ABNB is trading within a wedge pattern on the hourly. It will probably breakout before reporting earnings on 02/24. Resistance near $160 and support near $150.
LRCX 15M I LRCX reports earnings this week and we could see a relief bounce as well near this level. Watching for a breakout from the current downtrend on the 15M timeframe.