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.