Basing PatternPrice is consolidating and will break eventually.
Looks like analysts are optimistic on earnings.
Numbers are not soft.
Short is around 3.7%
No recommendation
CRWD trade ideas
CRWD going lowerVERY bearish gap.
IT LIKELY will retest some, but the edge, trend and direction smells like a bear in the woods.
ALAN, you rock ;-)
$CRWD: Down trend expired as a failure...CrowdStrike offers a high reward to risk setup here, buying into strength after the recent daily timeframe down trend signal has expired without hitting the target in time, this type of scenario warrants a mean reversion move back to the distribution area where the move started from a few weeks ago, in a similar amount of time as the projected decline. I like that analysts who used to be bullish on the way down have capitulated and turned pessimistic on the stock as a bonus here.
If Cloud remains, then cybersecurity is THE next BIG thingLet me spell something out for everyone
Digital workplace
1980s 2022 2026 & Beyond
Memo > Email > Internet > Mobile > instant messaging > Video calling > Meta-verse
As we move more, if not all of our collaboration into the digital world, we rely on faster and faster decision making, as the corporations who cut down their decision making process benefit from changes in the market place.
If all corporations are using a meta verse to create an always on virtual office, where everyone is collaborating (not like the one Zuck showed us) and are located anywhere around the world! Imagine if those meeting were to be hacked, people stealing IPs and ideas! Can you just imaging who many corporations would be held to ransom? Who would even insure them?
I personally thing CyberSecurity will become a permanent fixture, like Sarbane Oxley or basel 2 is to finance! It will become mandatory for everyone in the S&P!
CRWD Judgement DayDownward trend with the rest of big tech and cloud software. We broke the falling wedge / channel bearish (slightly) to reach support at the pre-covid high.
If this ~$100 level becomes support bullish
If we break the ~$100 level, there are several places I see buying opportunities below:
(a) We may keep falling another 10-20% to the $80s, where CRWD had a gap up on its June 2020 earnings.
(b) The immediate pre-covid high (Feb 2020) of ~$67/share may become support support and another buying opportunity. ~33% down from here.
I may expect a short-term bounce off of $100 for a swing, but for 2023 I'm expecting the ~$100 level to break (recession).
CRWD CrowdStrike Holdings Options Ahead Of EarningsLooking at the CRWD CrowdStrike Holdings options chain ahead of earnings , i would buy the $135 strike price Puts with
2022-12-16 expiration date for about
$6.65 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
My trade recap on $CRWD$CRWD
I had the stock on my watch list and it was my preferred stock to trade today, the idea was to take the stock as soon as it reached the support level created in the pre-market all the way to the support level I identified at $111.2 After my entry I saw that I can aggressively add volume if the stock breaks $113 because a small level has formed there (see the red line) and in addition, CRWD is very weak today.
Entry - $113.99
Add - $113.11
Stop - $115.4
Take profit - $111.21
My best trade this month, first of all, was because of the management of the trade and the way I thought during the trade together with the risk management and the timing of my exit point, and of course because of the money I was able to take from this trade.
$CRWD with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $CRWD after a Negative Under reaction following its earnings release placing the stock in drift D.
Rectangle/Head & Shoulders/MegaphoneThe megaphone pattern is a broadening pattern that is difficult to trade shorter term.
The head and shoulders pattern is inside this broadening pattern. A break of the neckline with a downtrend validates tis pattern. Until then it is strong support.
A break of the Rectangle support line with a downtrend validates the Rectangle pattern.
Long term, I think this is a SHORT! But it may not be an easy short to hang with.
I was not invited to the party with James Taylor playing at the Whitehouse to celebrate the Inflation Reduction bill. It does not seem like a bill full of government spending will successful in the long run, but Joe and Nancy say we have to be patient and give this bill some time )o:
I see a long term short that will may be a quite bouncy on the way down.
No recommendation/Possibly not a short for the feint of heart but if you are good at hanging, this may be one for you (o"
ES 165.90 with a downtrend. There are two patterns here that can have targets, the rectangle would need to break first, then the H&S pattern. I will skip the megaphone because there is no way I can know what it will do.
Smart money are leaving their footprints The analysis done in this video is showing signs of a major bottom in crowdstrike due to the extremely high and rare level of volume. These have previously marked major turning points in the stock. This is very interesting because another cyber stock (palantir) is showing a major breakout is not more than a week away. That post is linked below.
Both these setups are saying that a major rally could be possible in cyber stocks over the next month which also means a major cyber attack catalyst is right around the corner
CRWD | Good Entry Point | Swing TradeCrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is based in Austin, Texas.
Long Crowdstrike, good fundamentalsCyber Security jobs are increasing 18% over next 10 years. Big companies are using Crowdstrike. These days cyber security is not an option, a company will be hacked and it's only a question of when, and how bad it will be.
Technicals, we see a B wave retracement. Analyses are calling for a high 100s to high 200s as good value. I'm seeing a C wave up to 390, maybe June 2024. Don't rely on that.
Last summer good value was $250, and we're now at half that price. Insiders bailed at ATH. This is a good mid term length investment. I would especially look out for when insiders start buying back in. It's a growing Pie and an undervalued Pie. If anything I would only worry that too many people know it's a good value and the price will inflate too far later on.
Target 178Following daily.
I got a long signal with my system.
Hard TP 178.39
But I'll publish a dynamic SL and target. If you want to join trade, please follow my updates.
Short idea #7Hey, I think CRWD drops, and significantly so in the near future. I'm not shorting yet, but I'm posting my idea ahead of time. I WILL short this when SPY hits $390
Main Expected Path & Alt PathMapped out the most likely (solid green) and 2nd most likely (dashed black) trajectories:
Most likely:
174 by 10/19/2022
152 by 10/21
204 by 10/31
184 by 11/3
216 by 11/9/2022
2nd most likely/alt. (would take longer to play out than main path, see dates on chart):
195
162
247
215
267
CRWD daily bearish hammer at 50% Fibonacci retracementOrder SELL CRWD NASDAQ.NMS Stop 172.68 LMT 172.68 will be automatically canceled at 20230401 01:00:00 EST
CRWD daily bearish hammer at 50% Fibonacci retracement beginning of wave 5 downtrend.
$CRWD H&S Bear Pennant BreakdownUpdating idea from Sept 16.
$CRWD huge H&S top formation
with bear channel formed
at neckline of approx $169.
If $169 give way, downside
obj <$100.
$CRWD failed at bear
channel breakdown
$195.50
Crowd is Trending HigherSince May 2022 when $CRWD hit it's lows, it has continued with a bullish higher trend month after month. This strong company with lower debt than market cap some insider ownership is in a nice uptrend. It appears that it will test the 20 EMA at $173.04, the next target of $177.54 and hopefully, we can see the $188.41 with this trend. Trade and invest well. Do your own due diligence. This is my own opinion.
CrowdStrike Holdings Long Play You are going to see a dip due to the 3 point structure, We all know CrowdStrike is going no where but here's a chance to make a few Gs.
Basic Safe Play for new Traders:
1) Set Buy limit 165
2) Set Sell Limit 215
3) Make 50.00 Bucks a share
4) Thank me later
$CRWD huge top formation & rising bear channelText book technical analysis breakdown illustrated.
$CRWD formed both a huge head and shoulders followed by a bear channel.
Channel broke down, had retest of uptrend which also failed.
Excellent example of large top formation requiring tons of
patience to form.
$CRWD H&S Bear Pennant Breakdown$CRWD is breaking down through channel support and top formation.
Patience.
