45C trade ideas
$CRWD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CRWD after a Positive over reaction following its earnings release placing the stock in drift B
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CRWD Long OCT 2021 CallGrabbing CRWD long option at this level.
Multiple factors are setting the stage for nice upside move here.
-Overextended W pattern retesting support
-Holding the 50 EMA on the daily chart
-Strong demand for this current stock
Targeting a 10/20% option move in the coming days/ weeks
We are allowing plenty of time for this trade to play out.
Good luck, lets catch those moves!
$CRWD Forming a Cup with Handle?I've been building a position in this name for awhile now. You can see my small incremental adds on the chart. I added again today as it broke above recent highs. A true Cup /w Handle needs at least 5 days in the handle. We are there after today. A proper buy point would be a break above the high of the handle (today's high). This one may be worth putting on your watch list. These formations have a good track record. However, nobody can tell for sure which way a stock may move.
$CRWD is in the cyber security space and faces a long ramp ahead, IMO. Ideas, not investing / trading advice.
From earningswhispers.com:
Crowdstrike Holdings (CRWD) reported Quarter January 2021 earnings of $0.07 per share on revenue of $264.9 million. The consensus earnings estimate was $0.08 per share on revenue of $250.4 million. The Earnings Whisper number was $0.11 per share. Revenue grew 74.2% on a year-over-year basis.
The company said it expects first quarter non-GAAP earnings of $0.05 to $0.06 per share on revenue of $287.8 million to $292.1 million and fiscal 2022 earnings of $0.27 to $0.30 per share on revenue of $1.31 billion to $1.32 billion. The current consensus estimate is earnings of $0.04 per share on revenue of $267.85 million for the quarter ending April 30, 2021 and earnings of $0.28 per share on revenue of $1.22 billion for the year ending January 31, 2022.
CrowdStrike provides cloud-delivered endpoint and cloud workload protection. Leveraging artificial intelligence (AI), the CrowdStrike Falcon® platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise.
CRWD (Crowdstrike) - Bullish end to quarterCrowdStrike Holdings Inc. provides cloud-delivered endpoint protection. Leveraging artificial intelligence, the CrowdStrike Falcon(R) platform protects customers against cyberattacks on endpoints on or off the network. CrowdStrike Holdings Inc. is based in SUNNYVALE, Calif.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Missed my first opportunity to enter as price pushed through LOW point
- Now as price pusjes for MID point second opportunity to enter
- Expectation for the price to move to MID/HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!