CRWD Judgement Day
Downward trend with the rest of big tech and cloud software. We broke the falling wedge / channel bearish (slightly) to reach support at the pre-covid high.
If this ~$100 level becomes support bullish
If we break the ~$100 level, there are several places I see buying opportunities below:
(a) We may keep falling another 10-20% to the 80s, where CRWD had a gap up on its June 2020 earnings.
(b) The immediate pre-covid high (Feb 2020) of ~67/share may become support support and another buying opportunity. ~33% down from here.
I may expect a short-term bounce off of $100 for a swing, but for 2023 I'm expecting the ~$100 level to break (recession).
If this ~$100 level becomes support bullish
If we break the ~$100 level, there are several places I see buying opportunities below:
(a) We may keep falling another 10-20% to the 80s, where CRWD had a gap up on its June 2020 earnings.
(b) The immediate pre-covid high (Feb 2020) of ~67/share may become support support and another buying opportunity. ~33% down from here.
I may expect a short-term bounce off of $100 for a swing, but for 2023 I'm expecting the ~$100 level to break (recession).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.