CRWD
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.
Crowdstrike Holdings Testing Support, Whats next?Hi guys! This is a Technical Analysis on Crowdstrike Holdings (CRWD) on the 1 Week Timeframe.
Since this is a WEEKLY chart, its important to note that the current candle is not yet confirmed and closes end of trading Friday, 08/11/2023
Lets take our attention to the Orange circle highlighting current price action.
We have reached a critical SUPPORT zone.
A place where 2 SUPPORT levels converge
1. BLUE LINE - the 21 W EMA
2. BLACK SUPPORT TRENDLINE - 6 month support trend line
Currently we have "WICKED" or bounced from this convergence of supports.
It is crucial that we close this weeks candle ABOVE this zone.
Critical also to stay above the 21 W EMA, as doing so indicates BULLISH TREND.
Confirming BELOW would indicate BEARISH Trend.
*** If we see confirmation of SUPPORT
-> this can be an ENTRY ZONE for a potential trade/bounce back up.
*** How ever its a little too soon to tell
We are also currently BELOW another TRENDLINE thats labeled "Support turned RESISTANCE".
It be nice to see PRICE get ABOVE this, come end of week.
Notice also the RED CIRCLE that shows our REJECTION from a convergence of RESISTANCE.
Here we have 2:
1. being the ORANGE horizontal resistance line
2. Slanted BLACK LINE
Take a look also at the LARGE UPPER WICK and how multiple candles have LARGE UPPER WICKS.
This indicates SELL PRESSURE and that this area is a tough area to break to the UPSIDE.
It can give off further bearish momentum to the downside.
We also have GOLDEN CROSS of the:
1. 21 EMA
2. 50 SMA
BUt this alone is not enough for the BULLISH CASE.
We need to have price stay ABOVE for it not to be short lived and become a FAKEOUT.
Worst case scenario for now if we CANNOT maintain SUPPORT at our current area.
ANd we end up breaking below 21 EMA & 6 MONTH SUPPORT LINE.
Look to the 50 SMA as a SUPPORT level, it is currently pointed down so where ever it converged with price action at the time if a hypothetical price decline.
If that fails, look to the ORANGE " Previous Resistance Trend from TOP" line. That would actually be a wonderful zone, provided we maintain SUPPORT.
-> This would be another zone to enter POSITIONS for a trade.
Now lets take a look at our Indicators.
1. RSI -> We printed a Lower High, with RSI going BELOW the BLACK Moving Average.
If you look LEFT, there is evidence that when we do this, price tends to drop. So be alert.
2. STOCH RSI is also in the process of printing a BEARISH CROSS. If this happens BEARISH moment will enter, leading to the probability of further price DECLINE.
-> If you look LEFT, everytime we point down, it has coincided with price DECLINES.
3. MACD, with the printing of light GREEN histograms that are small in size, this also is an indication of waning of BULLISH momentum. If we see a CROSS between blue/orange lines where BLUE goes under the ORANGE -> this will lead to an injection of BEARish momentum and further price DECLINES.
CONCLUSION:
CRWD has reached a critical SUPPORT zone, for us to start our descent back to the all time highs we need to maintain SUPPORT here. Some signs point to bullishness where others give off signs of continuation of a DECLINE from our REJECTION zone. But the first thing that needs to get done is confirming SUPPORT above the mentioned zones. Important to see what price action and the indicators do come end of the week.
Stay tuned for more updates on CRWD in the near future.
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
CRWD is on the verge of a Stage 1 breakoutCrowdStrike is in the cusp of breaking out of a Stage 1 base. Its currently slightly above the AVWAP from the peak in Nov 2021 with a new Relative Strength high compared to the SPX. It reported stellar numbers in the last quarter earnings with EPS growth of 106%.
Pullback Buy in CRWDThis cybersecurity stock has been a top performer in 2023.
After a vicious Stage 4 downtrend that wiped out 70% of its value in the 2022 bear market, CRWD has come ripping off the low this year.
It reclaimed its 200-day moving average last month and continues to advance higher.
The dashed line on the chart above shows a key support/resistance level in CRWD. The stock found resistance here earlier in the year and it has so far served as support after getting above the 200-day.
The stock is also sitting on its 50-day moving average which should serve as additional support.
I would consider buying here with a stop just below the 200-day line at $133. This would represent a 7% risk on the trade.
CRWD - Rising Trend Channel [MID TERM]🔹CRWD is in a rising trend channel in the medium long term.
🔹Next resistance 160.
🔹Weakening rising trend signals potential break early.
🔹Overall assessed as technically neutral for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
CRWD Bullish ChannelCRWD has been recommended as a fundamentally strong stock pick by SA
Looking at the trend its following a very nice bullish channel .
Based on that channel and it making simple HH and HL a path can be seen based on support/resistance
Also from the last High of 204 drop to lowest of 91 , it can be seen entering the Fib golden pocket now which will confirm full bullish reversal
166-170 is a strong resistance zone
Entry @ CMP or 170
TP 1 @ 179
TP 2 @ 200
SL @ 148
CRWD CrowdStrike and the U.S. Gov Agencies Hit By CyberattackIf you haven`t bought CRWD here:
Then you should know that CrowdStrike is a leading provider of cloud-based endpoint security solutions that protect against cyber threats.
In light of the recent news regarding cyberattacks on multiple U.S. government agencies, it is reasonable to expect an increased focus on cybersecurity measures, which could potentially benefit cybersecurity stocks in the market. These attacks highlight the vulnerabilities present in the software systems used by government entities, underscoring the urgent need for robust cybersecurity solutions.
The fact that the U.S. Cybersecurity and Infrastructure Security Agency is actively investigating the breach indicates the seriousness of the situation and the government's commitment to addressing these security threats. As such, there may be a heightened emphasis on strengthening cybersecurity infrastructure and investing in advanced technologies to defend against future attacks.
Furthermore, the reported involvement of a Russian-speaking hacking group known as CLOP in previous attacks serves as a reminder of the persistent and evolving nature of cyber warfare. This continuous threat landscape necessitates ongoing innovation and investment in cybersecurity.
Considering these factors, cybersecurity stocks have the potential to experience an upward trajectory. Companies specializing in threat intelligence, network security, endpoint protection, and data encryption could be in high demand as organizations and governments seek to fortify their defenses against cyber threats.
My price target for CRWD is $192 by the end of the year!
Looking forward to read your opinion about it!