CRWD is building a base for a possible recovery.

A former leader in growth space declined %38 from its highs in the recent re-rating process in the market. It has been building a base for possible recovery over $185 shaping an ascending triangle. It may rip higher (at least till $227 level at first) if it clears the key $213 level. Bad thing is the drying volume. For now, no position but watching the price action on key levels closely. If it fails, previous dip ($185 level) and $170-175 area may act as a strong support.