1CRWD trade ideas
CRWD still no action until above ATHCRWD recovers its uptrend.
CCI making higher highs confirms the price action. But no clear sign of further momentum from MAC, CCI & TTM squeeze. Macd above 0 and not gravitating to 0, TTM shows the end of the uptrend, CCI fell below 100, BB squeezing.
using ATH resistance and weekly support we get a fib extension price target of $160 - $165.
I would wait for price action & confirmation that CRWD break ATH resistance, expecting ATH resistance to be backtested and needed to be held.
alert set for x-ing $154.
$CWRD Crowdstrike $175.00 Target
Potential ascending triangle breakout imminent for CRWD.
Alert set for break above $154.50 where volume will determine
validity of the move.
Perfect channel in play which offer resistance in confluence with
Fibonacci expansion and extension levels @ $175.
$160- $163 shorter term targets
CRWD:NASDAQ - CROWDSTRIKE - Data security up 300% since MarchCrowdstrike basically helps businesses defend against hacking, viruses, and other data incursions - a pretty hot space at the moment. Looks like it is through its recent resistance areas powered by earnings and after a pullback with the wider market. Could be worth a watch.