Crowdstrike May Signal Stock Market Top But Crypto Trump Pump!Traders,
I tried very hard to upload a video to the TV platform today but was unsuccessful. It may be that TV is also affected in some ways by the Crowdstrike update, I don't know? Needless to say, my video will not be shown here and due to house rules I am unable to say where you might find it or if it is even available. So, in keeping with those rules, I will only give the written preview of what the video will be when/if I can eventually upload to Tradingview. Sorry for the inconvenience. Here is my prelude to the video that I made for this post.
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To help us understand the broad, over-arching view and where our economy may be headed, both in the U.S. and abroad, we must sometimes tackle some subject matter that appears to be political on the surface and makes some people rather uncomfortable. But if we are going to be accurate traders, then we also need to be honest. Being honest involves setting aside our political dogma and preferences and viewing current events with as little bias as possible. Removing bias involves removing emotion. Let's attempt to do that today as I dive in with a closer inspection of the Crowdstrike-caused Microsoft BSoD outage and discuss Trump's recent assassination attempt. We are going to cover how each of these recent events has impacted the stock market and our crypto space. If this subject matter makes you uncomfortable, you may want to skip this video. I'm cutting straight to the chase here and I'll explain why it matters. You see, I learned the hard way a long time ago that if you want to make money in this market then you have to understand what the world rulers are up to and what their end game might be. It's often uncomfortable to explore motives here because they appear to be so uncompassionate, calloused, and uncaring, but we must put them on the table as options at least if we are going to determine market direction and become the best traders that we can be. Following the money and potential motives of the deep state(s) can help us win. This is what we'll do a bit of in today's video. Enjoy.
CRWD
CRWD - Crowdstrike, this looks similar. Crowdstrike has been demolished in recent session on the back of poor Cybersecurity news / IT OUTAGES.
This type of sell usually gets a dead cat bounce like we saw in December of 2021.
However this decline usually proceeds more selling.
Notice how price respected each Fib level, but it did challenge and pierce each Fib level, shaking out buyers and sellers.
Im eyeing a quick bounce soon but a move lower move we complete that bounce.
Make it or break it moment for $SWith the spectacular fall of NASDAQ:CRWD last week I expect to be a decisive week for SentinelOne.
Scenario nr 1
Break out of the correction or for Bill O'Neill followers break out of the base.
Supporting evidence:
1. Fundamental. Better than expected earnings
The biggest competitor is having a terrible day
2. Rising MACD histogram on the weekly
3. MACD lines almost crossing
4. Force Index getting positive
5. Getting The Positive Direction Line above the Negative Directional Line will mean that the bullish traders dominate the market.
Scenario nr 2
Break out is not ready yet and we go back in the correction range evidenced on my graph by the parallel channel
Why?
Waiting for earnings confirmation?
Force Index above 0 is minor at this point a follow-up week will break the trend.
The stock needs to deal with the overhang supply. First hurdle, people who bought around the $22 price.
CRWD dark signs even before the crisis today
1. Price below the Mid Channel in premarket on a weekly timeframe
2.MACD lines crossing down
3. MACD lines making a divergence with the price
4. MACD histogram going below the 0 line
5. Force Index going down
Pick and choose
If you want the indicator on my chart, send me a message.
CrowdStrike (CRWD) Analysis Market Leadership:
CrowdStrike NASDAQ:CRWD , a global cybersecurity leader, is experiencing increased spending from existing clients, with 64% of customers using five or more cloud modules as of January 31, 2024. This customer loyalty drives CrowdStrike toward its target adjusted subscription gross margin of 82% to 85%.
Investor Confidence:
Prominent investors, including Ken Griffin of Citadel Advisors and Israel Englander of Millennium, are accumulating positions in CRWD, indicating strong confidence in its future prospects.
Advanced Technology:
CrowdStrike's Falcon platform, a cloud-native solution utilizing AI and machine learning, oversees trillions of events weekly. This advanced technology has boosted retention rates from below 94% to a steady 98% over seven years, showcasing high customer trust.
Leadership Insight:
CEO George Kurtz emphasizes the company's appeal: "Customers favor our single platform approach. CrowdStrike is cybersecurity's consolidator of choice, innovator of choice, and platform of choice to stop breaches."
Investment Outlook:
Bullish Outlook: We are bullish on CRWD above the $295.00-$300.00 range.
Upside Potential: With a target set at $485.00-$490.00, key drivers include increasing customer spending, advanced technology adoption, and strong investor confidence.
📊🛡️ Monitor CrowdStrike for promising investment opportunities! #CRWD #Cybersecurity 📈🔍
CRWD Elliot Wave AnalysisCRWD Crowdstrike Elliot Wave.
It's somewhat unorthodox as this stock is bullish with a lot of buying pressure. Less choppy than the broader market.
This has large upside as Wave 3 has just broken out and can swing to the upside.
Disclaimer: Do not invest money you can not afford to lose, not investment advise. I do not have a position.
NOW is a buy after a down tech stock day LONGNOW is on 15 minute chart with a volume profile overlaid and relative volume and volatility
indicators below the chart. NOW had a good earnings beat late January. It is halfway to the
next earnings. I think right now software stocks are hotter than hardware/ networking stocks.
NOW got dragged down by technology headwinds into its support and the fall got rejected
by buyers near to the close of the regular market hours. The lower VWAP bands are confluent
with the support zone and confirm deep oversold and undervalued stock price.
I believe this is excellent for a long trade perhaps lasting until the run-up before earnings is
6-7 weeks through the buy of a small lot of shares or a call option expiring at the May or June
monthly in the range of $750 ( OTM). This will complement existing positions in CRM
CRWD and PLTR.
Dell Technologies and CrowdStrike Forge Strategic AllianceDell Technologies (NYSE: NYSE:DELL ) and CrowdStrike (Nasdaq: NASDAQ:CRWD ) have joined forces to fortify cyber defenses against the escalating threat landscape. Their expanded strategic partnership aims to deliver Dell's Managed Detection and Response (MDR) services alongside CrowdStrike's AI-native Falcon® XDR platform. This collaboration represents a pivotal step in empowering organizations to combat increasingly sophisticated cyberattacks with holistic and intuitive security solutions.
Rising Cyber Threats and Complexities:
The backdrop of the 2024 CrowdStrike ( NASDAQ:CRWD ) Global Threat Report paints a stark reality – cyberattacks are evolving at an unprecedented pace, characterized by speed, sophistication, and stealthiness. Against this backdrop, organizations grapple with the widening cybersecurity skills gap, compelling the need for scalable and proactive security measures. The Dell-CrowdStrike ( NASDAQ:CRWD ) alliance addresses these challenges head-on, offering customers a comprehensive defense strategy that mitigates complexity and enhances resilience across multi-cloud and multi-vendor environments.
Empowering Customers with Choice and Flexibility:
Mihir Maniar, VP of infrastructure, edge, and security services portfolio at Dell Technologies, emphasizes the importance of collaboration with industry leaders like CrowdStrike ( NASDAQ:CRWD ) in navigating the fragmented security landscape. Recognizing the imperative for scalable and outcome-based security solutions, the alliance leverages Dell's global security operations expertise and proactive threat hunting capabilities alongside CrowdStrike's Falcon platform to empower customers in thwarting cyber threats effectively.
Driving Security Excellence and Cost Efficiency:
Daniel Bernard, Chief Business Officer at CrowdStrike, underscores the strategic significance of expanding the alliance with Dell to deliver industry-leading protection to a broader customer base. By consolidating point products and reducing costs, the collaboration aims to provide customers – from large enterprises to mid-market organizations and SMBs – with best-in-class security outcomes. Together, Dell and CrowdStrike ( NASDAQ:CRWD ) are committed to stopping breaches, streamlining security operations, and driving down costs to enhance overall cyber resilience.
Accessible and Scalable Solutions:
The availability of Dell Managed Detection and Response powered by CrowdStrike ( NASDAQ:CRWD ) Falcon XDR Platform underscores a commitment to accessibility and scalability. This solution is poised to empower global customers with direct access and channel partner support, ensuring that organizations of all sizes can leverage advanced security capabilities to safeguard their digital assets effectively.
Conclusion:
In conclusion, the strategic alliance between Dell Technologies and CrowdStrike ( NASDAQ:CRWD ) marks a significant milestone in the ongoing battle against cyber threats. By combining Dell's MDR services with CrowdStrike's Falcon platform, the partnership delivers a compelling proposition for organizations seeking robust and proactive security solutions. As cyber threats continue to evolve, this collaboration underscores a shared commitment to innovation, excellence, and customer-centricity in the cybersecurity landscape.
CRWD VWAP bounce earnings coming LONGCRWD reports on March 4th in the meanwhile in it is shown here on a 15 minute chart with
a Bollinger Band overlay. Price has trended from the upper bands down through the middle line
into the lower inner and outer bands where a reversal took place at the level of the mean
anchored VWAP band where the price fall was rejected with good support and wick touches
on the lower time frames. I see this as a set up for a new trend up in the run to earnings.
I will take a long trade of shares and call options. My easy target is the upper BB
bands but expect more than that in the upcoming week.
SNOW - buy the disappointment discount sale LONGSNOW beat the earnings estimates by 150% and slightly exceeded revenue estimates. Price
dropped in printing a bear flag in a 22% move yesterday at the close. Buying from the bottom
has begun and I have the idea that I should join. My pre-earnings play was closed going into the
earnings in the high liquidity that proceeds it. I got my ask price on that position. The chart
shows today's buyng volume and volatility. On the slow resumption of bullish price action, I have
taken a long trade from the near bottom after this morning's reversal and call options
ITM for the July monthy.
CRWD Stock Surges as Cado Security and CrowdStrike Join ForcesCado Security has announced an innovative integration with CrowdStrike (NASDAQ: NASDAQ:CRWD ), unleashing a powerhouse collaboration that promises to revolutionize how organizations combat cyber threats. This groundbreaking partnership not only amplifies the capabilities of both platforms but also sends shockwaves through the cybersecurity sector, particularly buoying the prospects of CrowdStrike ( NASDAQ:CRWD ) stock.
Cado Security, renowned for its pioneering cloud forensics and incident response platform, has seamlessly integrated with CrowdStrike's ( NASDAQ:CRWD ) AI-native Falcon platform, introducing a new era of efficiency and agility in the face of escalating cyber risks. This integration, available through the CrowdStrike ( NASDAQ:CRWD ) Marketplace, signifies a strategic alignment aimed at empowering organizations to respond swiftly and decisively to security incidents, thus fortifying their cyber defenses against evolving threats.
At the heart of this collaboration lies the promise of accelerated incident response, driven by automation and enriched security telemetry. By harnessing the collective strength of Cado Security's advanced forensics capabilities and CrowdStrike ( NASDAQ:CRWD ) Falcon Insight XDR, security teams gain unparalleled agility in identifying, analyzing, and neutralizing threats in real-time. The seamless integration facilitates rapid data collection, processing, and investigation, significantly curtailing response times and bolstering the resilience of organizations in the face of cyber onslaughts.
Key benefits of this integration include:
1. Rapid Response Times
Through automated incident response processes, organizations can swiftly transition from detection to resolution, mitigating the impact of security breaches and minimizing potential damages.
2. Faster Investigations
The fusion of Cado Security and CrowdStrike Falcon equips security teams with immediate access to comprehensive forensic evidence, empowering them to conduct thorough investigations and pinpoint the root cause of incidents with unprecedented speed and precision.
3. Improved Productivity
By automating tedious investigative tasks, the integration liberates security professionals from the shackles of manual processes, enabling them to focus their expertise on strategic initiatives rather than mundane chores.
4. Comprehensive Visibility
With the ability to perform forensics investigations across diverse environments, including on-premises, hybrid, and cloud infrastructures, organizations can achieve holistic visibility into their security posture, thereby fortifying their defenses against emerging threats.
Conclusion
The synergy between Cado Security and CrowdStrike ( NASDAQ:CRWD ) not only elevates the efficacy of incident response but also streamlines the security landscape for organizations, reducing operational costs and simplifying the management of complex security stacks. This seamless integration exemplifies the power of collaboration in combating cyber threats, setting a new standard for speed, efficiency, and effectiveness in cybersecurity operations.
Chris Doman, CTO, and Co-Founder of Cado Security, expressed his enthusiasm for the collaboration, emphasizing its transformative potential in empowering security teams to navigate the intricate labyrinth of cyber threats with unparalleled agility and efficacy. With the CrowdStrike Marketplace serving as a conduit for seamless procurement and deployment of integrated solutions, organizations can embrace this synergy with confidence, knowing that they are equipped with the tools needed to defend against the ever-evolving threat landscape.
As organizations worldwide grapple with the relentless onslaught of cyber threats, the partnership between Cado Security and CrowdStrike emerges as a beacon of hope, heralding a new era of resilience and adaptability in the face of adversity. With NASDAQ:CRWD stock poised to benefit from the ripple effects of this transformative collaboration, investors are eyeing the cybersecurity sector with renewed optimism, recognizing the immense value proposition offered by innovative partnerships that redefine the boundaries of possibility in cybersecurity.
$CRWD Weekly Chart Fundamentals + AlgorithmsFundamentals + Algorithms When you see a green up arrow, it signals an algorithmic buy alert and a new uptrend, allowing you to accumulate the stock for long-term growth
Cloud-delivered security leader: CrowdStrike offers the Falcon® platform, a cloud-based solution protecting endpoints, cloud workloads, identities, and data.
Market leader with industry recognition: Ranked #1 globally by IDC for modern endpoint security, Gartner for managed detection and response, and Frost & Sullivan for AI-powered indicators of attack.
Strong customer base and expansion: 18,000+ subscription customers, including large enterprises and government agencies. Expanding product portfolio through acquisitions and organic development.
Focus on profitability: Though not yet consistently profitable, CrowdStrike demonstrated significant progress with record operating and free cash flow in FY23, and a path towards profitability.
CrowdStrike (NASDAQ: CRWD) Leaps After Solid Q3 EarningsCybersecurity group CrowdStrike says its on target to reach $10 billion in annual recurring revenues over the next five to seven years.
CrowdStrike (NASDAQ: CRWD) - shares jumped higher in early Wednesday trading after the cybersecurity group posted better-than-expected third quarter earnings paired with a solid-near term sales outlook.
CrowdStrike said current quarter revenues would likely range between $836.6 million to $840 million, nudging just ahead of Street forecasts, with annual recurring revenue (ARR), a key performance metric for tech services companies, pegged at $3.15 billion.
Investors were also impressed with the group's potential to grow revenues from small and medium-sized business through new product launches on Amazon (AMZN).
For the three months ending in October, CrowdStrike posted adjusted earnings of 82 cents per share, topping Street forecasts by around 8 cents, on revenues of $786 million, a tally the came in just ahead of estimates. Annual recurring revenue rose 13% from last year to a record $223 million.
CrowdStrike share were marked 6.8% higher in today's trading to change hands at $226.80 each, a move that would extend the stock's six-month gain to around 44% and value the Austin, Texas-based company at around $54.1 billion.
CRWD - US cybersecurity play If this market will find traction and have a follow-through day, I will bet on CRWD being one of the next up-cycle leaders.
IBD 94 Relative strength and 99 Composite and EPS ratings are markers of a superb company. The industry group is 35 out of 197. High double and triple quarter earnings growth and stable 40+ sales growth for 3 qrts in a row; with stable 35+ ROE; Up/Down volume of 1.5; double digits analyst estimates of 24/25 EPS growth and increasing number of institution last qrt... all these make me call this stock a perspective leader.
From the technical perspective, notice how well the stock price holds and builds the high-handle close to 2023 highs, while general index (line above) is in a downward momentum being almost 10% of the highs. Unfilled gap-up on 31Aug (green circle) is also a sign of strength to me.
I want the price to subside more in volatility to the right side of the handle, creating a tight 3-4% risk pivot and maybe an inside day before breaking out above 172 pivot. That would signal and ideal entry point for my strategy with very tight risk. Although if price decides not to wait and will proceed with definite move above 172 pivot with supportive volume and will be hesitant to buy/add to the position, expecting the price to move to next resistance 194-206 target area.
Trading thesis is wrong if price moves bellow: 157 area
November momentum-stocks compared. +52% to -1.52%Are todays hot stocks tomorrows winners? Over time we will know. SQ, BE, Snap or NVDA?
From the October low to 25 Nov the market has seen significant momentum. These are my stock holdings. SQ has made the biggest contribution in November. Plotting your holdings can help in deciding what to hold and what to sell. Now could be a good time too cut out the poor performers with negative outlooks. Or you might want to add to or reduce your holding sizes. Good luck on your investing journey.
CRWD presently testing significant long-term resistanceCrowdStrike Holdings Inc. (CRWD) presently testing significant long-term resistance, able to absorb monthly buying pressures.
From here, (CRWD) can fall lower to channel support, eliciting losses of 15% over the following 2 - 3 months.
A settlement below channel support would lead to a long-term sell signal in (CRWD) into 2024.
Inversely, a weekly settlement above shown resistance would place (CRWD) into a buy signal where gains of 20% is likely over the following 2 - 5 months.