US Stock In Play: $CRWD (Crowdstrike Holdings Inc)

CRWD have successfully played out its Bullish Ascending Triangle chart pattern breakout, attaining a cumulative gain of +32.81% in this 2 weeks rally.

The closing session this morning was met with 15.26mil of transactional intraday volume, exceeding 315% of its average 50D volume at 4.45mil. Additionally, it is also observed that CRWD is currently trading at its all time ATR-14 high, breaking the peak historical volatility of $8.60. The above suggest there will be further aggressive price action (bi-directional) to be expected from CRWD.

The immediate classical support to hold this accelerated rally is at $193.00.
Chart PatternscrowdstrikeCRWDcrwdlongTrend Analysis

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