wave 5 on Crowdstrikeshould price stay above recent support and inside the bullish channel. the stock might hit$ 400
0A3N trade ideas
CRWD Bull CaseMultiple bullish indicators despite the negative headlines. 200sma + rough trendline and fib.
3 Events to Watch: CrowdStrike, 25th Amendment, & US weather 3 Events to Watch: CrowdStrike, 25th Amendment, & US weather
CrowdStrike Oversold?
A widespread outage on Friday left computer screens blue, grounded flights, halted hotel check-ins, and disrupted freight deliveries, forcing businesses to revert to paper and pen.
The incident, allegedly triggered by an update from CrowdStrike (down ~12%), also affected Microsoft’s Windows (down 0.7%).
Running into the fire is Cathie Wood's ARK ETFs, with a significant acquisition of CrowdStrike valued at approximately $13.24 million, through ARKW and ARKF ETFs.
Biden Steps Aside
President Joe Biden announced today his decision to drop out of the 2024 presidential race, endorsing Vice President Kamala Harris as the Democratic Party’s nominee.
While Harris is poised to become the nominee, confirmation will come at the Democratic National Convention from August 19-22 in Chicago.
The key market-moving news from this event could hinge on Harris’s choice of running mate.
There is also speculation around the use of the 25th Amendment, which could theoretically see Biden removed from office early, though no officials have indicated such intentions.
US Natural Gas Futures Plummet
US natural gas futures plummeted over 10% to below $2.1/MMBtu last week, influenced by milder weather and reduced feedgas to LNG export plants. This price drop occurred despite expectations of a return to hot weather in late July and early August, which should increase demand for gas-fired electricity to power air conditioners. Meteorologists project near-normal temperatures across the Lower 48 states through July 25, with a hotter-than-normal trend anticipated through at least August 3.
CRWD Short IdeaCRWD is the talk of the town after last week's IT outage. It's still unclear what the full impact may be for some companies. I'm seeing a lot of bullish speculation, folks talking about how we should buy the dip because CRWD is so important it brought down the entire planet with one bug. I think that may be true, and I'm bullish on cyber security moving forward.
However, we can't ignore the technicals. It already broke its short-medium term uptrend, which happened well before the outage. This is a fairly important trend break, I don't think it's a good idea to be longing this thing at the moment. I'll want to see a reclaim of the uptrend before I'm convinced the sell off will be short lived. Which means it needs to get back above the $350-$360 area before I would say bulls have regained control.
For now, I'm looking for shorts on retest of some of these recent trends and support levels that broke to the downside.
CRWD - Surfed my way!If you are reading this today, then you should know why this has a spotlight right now, and if not well then just follow the chart!
To the left we see there was previous resistance moving down, later turned to support , and has acted as such. With today's news, I would expect a decline. I ultimately had first seen a possible Head and Shoulders form, or has been executed already, (Funny being the news that happened), and seeing price near our previous support makes me excited to see what plays out.
Did you think today's news affected the market this way? Or did you have other tools that gave you the same idea? Share your thoughts with a comment or private message. Let's enjoy the show!
Price Precedes News Examples - CRWD NKE TSLA BTCHad some more great price precedes news lately so I thought I'd share. I talk about this topic often because I believe in it and it is why I trade the way I do. I would hope I can help some people to view the market a bit differently than the majority of retail traders. If most people lose, why would you want to do what everyone else does?
Crowdstrike BSOD Meme (Chart Art)Having seen Blue Screens Of Death across the world over the last day, the image popped into my head of a Tradingview Crowdstrike chart with BSOD.
I had no choice, the meme was too strong to resist.
Crowdstrike glitch and dip was a planned event.Tinfoil, Trendline and Gartley is my TA everything else is Jackie Le Tits via his live stream.
Notice the divergence on RSI and MACD prior to news.
CrowdStrikeSimple slow down in momentum.
Wait until this resolves.
No low risk entry yet.
@CrowdStrike @Microsoft
CRWD dark signs even before the crisis today
1. Price below the Mid Channel in premarket on a weekly timeframe
2.MACD lines crossing down
3. MACD lines making a divergence with the price
4. MACD histogram going below the 0 line
5. Force Index going down
Pick and choose
If you want the indicator on my chart, send me a message.
Outage of World Wide Services – CrowdstrikeHello Traders,
The latest security update from the global cybersecurity giant caused a major service disruption today, Friday. This has affected globally such that companies like Microsoft, various stock exchanges, major banks, media companies, airports and airlines in Asia-Pacific, US and Europe; payment systems, supermarket services, emergency services and 911, etc. have been affected and have had to proceed to rollback the failed update on Windows servers. From the Australian opening to the European opening there have been disruptions in both stock markets. The London Stock Exchange has started its session with delays.
If we look at Crowdstrike's chart we can see how the firm has been climbing positions since October 2023. During this month of July, the firm has been falling to the previous resistance zone in the area of $343.05, it is possible that after today's security debacle its value will be affected at the American opening. Looking at the RSI currently at 35.14% which could lead to another correction and a possible return to the mean from 30% if we follow the technical thinking. The volume bell with a triple bell shape places the most traded area in the $150 zone, so we could anticipate a correction, before the search for new highs.
How far do you think the correction will affect? I look forward to your comments
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$CRWDIf CRWD closes below 367 we are 100% headed towards 350. Weekly close below 370 (current bull floor) will indicate the floor has been lost and will try to catch big buyers at 350. The next major floor.
CRWD: AnalysisOn CRWD we would have a high probability of having an uptrend if the vwap indicator is broken forcefully by a large green candle. On the other hand, if the support line is broken forcefully by a large red candle, this means that we would have a reversal of the trend.
CRWD Trend BreakCRWD has been a strong name, but is threating to break below its uptrend. In addition to the trendline, it has horizontal support here as well. If it keeps moving lower I'd be looking for shorts targeting the gap fill below first.
$CRWD and $PANW on watch for breakout next weekThis past week was a strong momentum swing for the technology sector ( AMEX:XLK ) reaching all-time highs. The leading cybersecurity stocks NASDAQ:CRWD and NASDAQ:PANW broke highs in June and have been trading sideways ever since, setting up for another run at highs. We've seen good steady volume throughout the previous week, supporting a strong break to the upside. Remember that the Fed will be releasing CPI data next week which could destabilize overall market conditions. Another thing to note is that NASDAQ:QQQ is overextended and could be due for a pullback. Regardless of these conditions, if the technology sector continues to prevail next week, keep a close eye on these two stocks for breakouts.
375 matches the current sentimentThe stochastic is at double top; RSI is almost maxed out (so there could be room to let it go, and with the SMA 100 reaching 370, it could even bounce from there.
I do see the indicators and the sentiment as bearish for now.
CRWD Hammer-Counter-Shooter Weekly Break OutPeep that weekly.. look like a familiar set up? Another ascending triangle, but with an inside hammer-counter-shooter set up, adds to bullish conviction.
Daily chart, we are looking to get above $390.71 with a solid close above, for continued upside. I would first aim for $393.29 (PWH) to take profit, and see if we can break above $394.64 resistance for all time highs.
LONG CRWD INSTEAD OF PLTR MEMESTONK. BE LIKE NANCY PELOSIMarket Position and Business Model:
- CrowdStrike (CRWD):
- Cybersecurity Leader: Focuses on endpoint security with its cloud-native Falcon platform.
- SaaS Model: Provides predictable, recurring revenue through subscriptions.
- AI-Powered: Uses AI for real-time threat detection and response.
- Palantir (PLTR):
- Big Data Analytics: Custom solutions requiring significant integration.
- Government Reliance: Heavy dependence on government contracts introduces risk.
- Complex Implementation: Customized solutions limit scalability.
Financial Performance:
- CrowdStrike (CRWD):
- Strong Growth: Consistent revenue growth and expanding customer base.
- Path to Profitability: Improving margins and efficient cost management.
- Diverse Clients: Reduced dependency on any single sector.
- Palantir (PLTR):
- Growth Challenges: High operating costs and customization needs hinder profitability.
- Revenue Volatility: Reliance on a few large contracts increases risk.
Market Sentiment and Valuation:
- CrowdStrike (CRWD):
- Positive Sentiment: Strong market position and consistent growth.
- Notable Investors: Backed by prominent investors, including Nancy Pelosi.
- Palantir (PLTR)
- Mixed Sentiment: Concerns about profitability and reliance on government contracts.
- Valuation Concerns: High valuation questioned due to complex business model.
Conclusion:
CrowdStrike (CRWD) offers a compelling investment opportunity with its leadership in cybersecurity, strong financial performance, and scalable SaaS model. In contrast, Palantir (PLTR) faces challenges with high costs and revenue concentration, making CRWD a more attractive choice.
Note: This analysis is based on current data and trends. Conduct your own research or consult a financial advisor before making investment decisions.
CrowdStrike Holding INC #CRWD Short Set UpTrying to short this on break of 378.91. I have my sell stop at 378.9
Entry - 378.91
Stoploss - 394.65
TP-1 - 363.24
TP-2 - 347.88
#Trading #Technical #Crypto #Stocks #commodities
$CRWD on fireFriday: CrowdStrike ( NASDAQ:CRWD ), KKR & Co., and GoDaddy will join the S&P 500. These changes will take effect before the market opens on June 24.
Impressive Q1 results for [ NASDAQ:CRWD ](x.com)! EPS, revenue, and ARR all beat expectations, showcasing strong growth and demand in cybersecurity.
So we are officially breaking this huge range zone, with the take profit target as 390+.
