Crowdstrike - Stopped the breach and onwards to new highs?
Updated
CRWD has put the turmoil behind it and are now in a strong position to move on. With practically no real competition the stock is picking up pace. I belive it will continue. Back in July price created a gap, naturally, but the chase to close the gap is well underway. First target is filling the gap, at around $340. This gap however is getting old, and I belive price will move through this level without too much resistance. July was a different time, and lots have happened since. My next target is the level just above $390, where we have some resistance. As for indicators, the OBV and MACD are on the rise. As is the RSI. I belive CRWD has made it through the setback, and are onwards to set new highs.Trade closed: stop reached
My stop was reached at $298.96.
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