IvanLabrie

$CRWD: Down trend expired as a failure...

Long
IvanLabrie Mis à jour   
NASDAQ:CRWD   CrowdStrike Holdings, Inc.
CrowdStrike offers a high reward to risk setup here, buying into strength after the recent daily timeframe down trend signal has expired without hitting the target in time, this type of scenario warrants a mean reversion move back to the distribution area where the move started from a few weeks ago, in a similar amount of time as the projected decline. I like that analysts who used to be bullish on the way down have capitulated and turned pessimistic on the stock as a bonus here.
Trade fermée manuellement:
I don't think this one will hold up, after today's action. Everything is looking like a dead cat bounce by now...Better be in cash and wait.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.