Falling Wedge Heading Into Earnings

8 avr. 2023

Posting a quick update here as CRWD has been holding a macro-downtrend for some time now, and is heading into earnings looking quite bullish. CRWD is holding a massive falling wedge on its daily & weekly timeframes, (See Attached Charts Below), is sitting right on its 50-day EMA with the others starting to curl upwards, Bollinger bands are squeezing (Not Pictured), along with holding a bullish ABCD Elliot Wave on the daily timeframe and some gaps way on the upside still left to be filled. Additionally, CRWD is holding the same falling wedge on the weekly timeframe, accompanied by a massive bullish harmonic pattern as well as some bullish hidden divergence on the RSI. Will be looking for a breakout from this wedge (Broader Markets Permitting) - Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime - Bullish and looking for a breakout from this wedge
-- Price Targets & Charts Attached Below--

PT1- $129.71
PT2- $134.26
PT3- $141.71
PT4- $147.90+

--Weekly Timeframe--
https://www.tradingview.com/chart/CRWD/CdNiKoZS-Falling-Wedge-Bullish/

12 avr. 2023

Note

PT1 & PT2 Reached ✅