$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.
0A3N trade ideas
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.
Bias more on downside for CRWD3rd Sep 2022
Break below 50% fibo = $165
Next Support @ 38.2% fibo = $135
Rising Bear Channel Breakdown $CRWDPerfect rising bear channel.
As you can see since the channel began forming June 7, 2022 $CRWD rallied to top of channel, price action then returned it to support line of $148 it then rallied again towards top of channel, only to be rejected back support line. Next subsequent rally only took it to upper 1/3rd of channel, not all the way to top of channel, that was the first sign of weakness. Each subsequent rally or bounce only took price back to middle of channel (dashed line), until finally price action could not even get off support line until it finally broke down, today 8.31.22.
Further downside for CrowdStrike? CrowdStrike
Short Term
We look to Sell at 189.88 (stop at 203.91)
Preferred trade is to sell into rallies. Buying continued from the 61.8% pullback level of 199.22. Posted a Double Top formation. There is scope for mild buying at the open but gains should be limited. Our outlook is bearish.
Our profit targets will be 130.20 and 120.15
Resistance: 200.00 / 240.00 / 288.00
Support: 169.00 / 153.00 / 130.00
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CRWD. Correction Complete. Expecting bearish continuation to start with CRWD
Everything is explained on the chart but we have a big bearish H&S complemented with a Bear Flag with strong monthly rejection from 200 & Neckline
Have December 16th Options
$CRWD H&S Bear Pennant BreakdownHi! $CRWD displays a fantastic symmetrical H&S top formation. This is accompanied by a bear pennant formation forming at the neck line breakdown area of $169. The entire formation is bearish. Nothing about this stock appears friendly. PE is 167 and trading at 43X price to book, (which is very expensive).
CRWD Bullish on ERBullish structure towards previous high. Possible a retest 3B (Green pivot support) area.
CRWD CrowdStrike Holdings Options Ahead Of EarningsLooking at the CRWD CrowdStrike Holdings options chain, i would buy the $290 strike price Calls with
2023-3-17 expiration date for about
$7.56 premium.
Looking forward to read your opinion about it.
CRWD is next for the BIG move down! Must SeeWe are looking at CRWD for the next big continuation down
We have already booked over 300%+ from CRWD on the first leg down shorting from 220 to sub 160.
Now we are looking for a pull back into the 170s or low 180s, ideal to continue short.
There is a TON of bearish momentum on this play so there may be a early dynamic entry to secure positions however we are looking for 3-4 month contract to first take CRWD down to $120 but ultimately sub 100 around the $90 mark.
Keep this one on your watch list, one of our favorite shorts for the year!
We are staring at a Big Head and Shoulders bearish pattern with a Bear Flag to lead into the break.
Looking at Volume we have confluence there as we started to "dry" up towards the top and activity increased during the B corrective waive and failed to make a NH. (New High)
Monthly charts are just as bearish as were looking at a huge bearish continuation bar with last months close.
Looking at the A, B, C move. The C leg takes us to our destinations which also agrees with the projections from the head and shoulders pattern.
We have earnings in June which may take us to our destination much quicker than the 3-4 month contract we are looking for but we are securing extra time to ensure we get there.
Very Similar move to UPST we called to perfection. We have the link to that idea provided.
