CRWD momentum remains at strength, closing with an intraday gain of +6.76% during a session with broad market weaknesses. CRWD have attained a cumulative gain of +46.85% in this 2.5 weeks rally from the Bullish Ascending Triangle chart pattern breakout previously highlighted.
The last 3 days session was traded with an average transactional volume of 10 million shares per day, a phenomenal that was last witnessed on 2nd September 2020. Additionally, CRWD have broken its all time peak historical volatility of $8.60, with price volatility at $9.83 currently.
The above suggest there will be further aggressive price action (bi-directional) to be expected from CRWD.
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