Hello fellow traders and investors, here's another trade idea.
CRWD has recently pulled back to the support area, if CRWD makes a recovery to the previous high it offers a 32% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI is relatively oversold
When To Buy:
When the EMA's and the Macd crossover
When To Sell:
I recommend selling at the previous high
Fundamentals: CRWD engages in the provision of a cloud-delivered solution for next-generation cybersecurity. They have a P/S of 46, a debt/equity of 0.85, a sales growth Q/Q of 74%, an earnings per share growth of 37% Q/Q, a profit margin of -10.60%, and a short float of 5%.
Rating: 60/100 the technicals are good, the fundamentals are decent because they have good growth but they aren't profitable and are their valuation is way overvalued so I think it deserves 60/100.
NOTE: There's a resistance around the 200$ area.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
CRWD has recently pulled back to the support area, if CRWD makes a recovery to the previous high it offers a 32% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI is relatively oversold
When To Buy:
When the EMA's and the Macd crossover
When To Sell:
I recommend selling at the previous high
Fundamentals: CRWD engages in the provision of a cloud-delivered solution for next-generation cybersecurity. They have a P/S of 46, a debt/equity of 0.85, a sales growth Q/Q of 74%, an earnings per share growth of 37% Q/Q, a profit margin of -10.60%, and a short float of 5%.
Rating: 60/100 the technicals are good, the fundamentals are decent because they have good growth but they aren't profitable and are their valuation is way overvalued so I think it deserves 60/100.
NOTE: There's a resistance around the 200$ area.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
