bottlenekdolfin

Long Crowdstrike, good fundamentals

Long
NASDAQ:CRWD   CrowdStrike Holdings, Inc.
Cyber Security jobs are increasing 18% over next 10 years. Big companies are using Crowdstrike. These days cyber security is not an option, a company will be hacked and it's only a question of when, and how bad it will be.

Technicals, we see a B wave retracement. Analyses are calling for a high 100s to high 200s as good value. I'm seeing a C wave up to 390, maybe June 2024. Don't rely on that.

Last summer good value was $250, and we're now at half that price. Insiders bailed at ATH. This is a good mid term length investment. I would especially look out for when insiders start buying back in. It's a growing Pie and an undervalued Pie. If anything I would only worry that too many people know it's a good value and the price will inflate too far later on.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.