CRWD trade ideas
CRWD - A Strong Move is ImminentWhile others will publish just about anything to keep their click count and reputation up by first BEGGING you to LIKE their post PRIOR to even READING it, I ask you to first read my idea and THEN decide whether to contact me with questions or like my post. I'm here to help you find opportunities for trades and investments - not to beg you to raise my reputation. Now to the idea:
$CRWD is a crowd sourced, cloud based security firm that is bound to see great growth in the coming months with so many people now working from home. On top of this, the tech sector is hot right now and a break above the 68 handle will trigger another move up. There is a descending trend that was broken and retested; and while I prefer 3 points of rejection before the breakout it also has a V-shaped profile from it's lows. I really want another shot at $55-$57 to add to my position (my members and I are already in the trade) but we may not get it. Look at the note on the chart for my plan.
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BUY ALERT $CRWD $SPY $DJIA $QQQ $NDX #trading #stocksIndustry Group Rank 16
Composite Rating 94
EPS Rating 53
EPS % Change last Q 86%
Last 3 Q Average EPS Growth 0
Quartes of EPS Aceleration 2
Sales Growth Last Quarter 89%
ROE 0%
SMR RATING A
Quartes of Incresing Fund Onwer 2
Accumulation/Distribution A
Relative Strenght Rating 87
RS near new high at breakout: NO
CrowdstrikeNot a good time.
Stock remains very range bound and is sitting on the 50% range of the band.
While MACD & RSI remain in the positive zone, bull energy appears to be lowering and it expected to head downtrend in the short term if MACD & RSI head into negative territory.
$60 remains as a strong resistance and support. If stock price is able to float around $60 while MACD & RSI steps into negative territory, it has great potential to stage an upside and build on its run from there.
Since it is a relatively new stock, 50 MA and 100 MA are still sitting well (slightly) under the current price.
CRWD Inverse Head/ShouldersCRWD is forming its right shoulder in the inverse H/S pattern. It has all its moving averages converging nicely under the price as support. This is a 3 week play, for a breakout of the neckline to the $66 range. If it cracks below the moving averages and breaks down outside the right shoulder this trade will be exited and void
Crowdstrike Holdings $CROWDIt couldnt break the down trend last week. Needs to hold above $67.56 to be bullsih.
Crowdstrike Surges Afterhours On Earnings beat $crwdCrowdStrike Holdings Inc. shares skyrocketed in the extended session Thursday after the cybersecurity company’s results and outlook topped Wall Street estimates and coronavirus fears raise the need for more protective measures as millions of people work from home.
CrowdStrike CRWD, +8.05% shares soared more than 20% after hours, following an 8.1% rise in the regular session to close at $41.74.
The company expects an adjusted loss of 7 cents to 6 cents a share on revenue of $164.3 million to $167.6 million for the first quarter, and a loss of 14 cents to 10 cents a share on revenue of $723.3 million to $733.5 million for the year. Analysts had forecast a loss of 8 cents a share on revenue of $148.9 million for the first quarter, and a loss of 18 cents a share on revenue of $678.5 million for the year, according to FactSet.
“Looking into fiscal 2021 and beyond, the powerful combination of our cloud-native platform and frictionless go-to-market positions us well as the fundamental endpoint platform for the future,” CrowdStrike co-founder and Chief Executive George Kurtz said in a statement.
Source Marketwatch
Crowdstrike Holdings On reversal watch $crwdAfter a 20% drop there could be reversal setting up.
Alert set for 7&12 SMA to cross for possible trend reversal
How secured is the cyberworld today ?From fake news to scams and companies leakage of data and important information being hacked, the online world will faced increasing threats!
And I was thinking the more online and connected the world becomes, the more important is cybersecurity as there are experts that build things and also experts that destroy things as well. This dark side must be protected so that things can function properly.
I am bullish on this counter and wait for the right opportunity to nibble in small positions as it falls further.
CrowdStrike -Triangle BreakoutCrowdstrike is moving upwards as analyst DA Davidson upgrades to a fair value estimate of $75 from $58.
Coincidentally, we are breaking out of a triangle formation.
CRWD should pop higher?I like the look of CRWD here. It's been crawling along above the 8 sma for a while. Volume is increasing. I bet this pops higher soon.
Long CRWD - Exiting Complex Correction into Wave 3 CRWD has been in a squeeze-like range for roughly a month following the run up beginning mid-December. IMO it will exit the current expanding wedge and into Wave 3 with my PT at $73.46. Above $65 I'm long via calls. It could retest the bottom Trend Line before pushing higher. This is a well-known name and an increasingly institutionally-owned name. As always due your own due-dilligence!
Good retestHeld daily 20sma and breakout as support, if market moves higher this can be an excellent long with a great r/r
