- CRWD has been in an uptrend, trading within a rising channel.
- The recent breakdown below 380 suggests weakening momentum.
- RSI at 45.87 shows declining strength, but not yet oversold.
Bear Case
- The stock has broken below the rising channel, signaling potential trend reversal.
- If it fails to reclaim 380, next key supports are at 298 - 308 and 254.35.
- Gap below 300 could act as a magnet if weakness continues.
Bull Case
- If CRWD reclaims 380, the uptrend could resume.
- A break above 365 - 380 resistance zone may push it back toward 400+.
Verdict: Leaning Bearish
- Trend: Broken Uptrend, Risk of Reversal
- Bias: Bearish unless 380 is reclaimed
- Watch: 365 - 380 as key resistance, 298 - 308 as major support
Unless CRWD reclaims its trendline, the risk remains to the downside with a test of 300 levels possible.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.