Interesting EW setup here fro CrowdStrike. Looking for continuation higher into wave 3 as we have just reached equality of wave (c) vs. (a).
If I am correct we shall see an acceleration to the upside soon.
CrowdStrike
Short Term
We look to Buy at 158.14 (stop at 148.77)
We look to buy dips. Prices expected to stall near trend line support. Previous support located at 156.00. We look for a temporary move higher. Expect trading to remain mixed and volatile.
Our profit targets will be 181.11 and 188.00
Resistance: 189.00 / 240.00 / 287.00
Support: 156.00 /...
A big Ascending Scallop structure can be identified before the recent break down
Using some price formations within this break down another scallop similar to the first can be plotted
It creates a very bullish scenario which is shown by the white bars pattern (lines pattern)
This is one of the scenarios I can see price progressing
CrowdStrike Holdings, Inc. is a holding company, which engages in the provision of cloud-delivered solution for next-generation endpoint protection that offers cloud modules on its Falcon platform through SaaS subscription-based model. It operates through Domestic and International geographical segments. The firm's services include incident response services;...
$CRWD momentum remains at strength, closing with an intraday gain of +6.76% during a session with broad market weaknesses. $CRWD have attained a cumulative gain of +46.85% in this 2.5 weeks rally from the Bullish Ascending Triangle chart pattern breakout previously highlighted.
The last 3 days session was traded with an average transactional volume of 10 million...
