On August 5th, we observed CROWDSTRIKE (CRWD) experiencing a significant downturn, dropping to approximately $200.
This decline coincided with a challenging day across both the financial markets and the cryptocurrency space. As of now, CRWD has rebounded to $248.
Based on my current analysis, I believe this is an attractive entry point for a mid-term investment. I am initiating a buy position at this level, targeting a price of around $300. To manage risk, I have set a stop loss at $228.
RR = 1:3.2
Despite recent volatility, CROWDSTRIKE remains a stock with strong potential for growth.
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