CRWD seems rather undecided whether to follow through with ist corrective path or whether to make new highs. However, we still assign only a 36% probability that the high for wave alt.[B] in green may already be in place; this alternative scenario would be confirmed by a drop below the support level at $402.66.
For now, though, our primary outlook allows for further upside, with the potential for green wave [B] to complete above the resistance at $517.98—and possibly above the current all-time high of $566.90.
Regardless of which scenario unfolds, a move down to the green target zone (ranging from $114.02 to $33.73) appears likely—either sooner (in the alternative scenario) or later (in the primary scenario)—to complete the larger wave II correction.
Once this significant low is established, we expect the stock to move toward new record highs as part of a beige wave III to follow.
For now, though, our primary outlook allows for further upside, with the potential for green wave [B] to complete above the resistance at $517.98—and possibly above the current all-time high of $566.90.
Regardless of which scenario unfolds, a move down to the green target zone (ranging from $114.02 to $33.73) appears likely—either sooner (in the alternative scenario) or later (in the primary scenario)—to complete the larger wave II correction.
Once this significant low is established, we expect the stock to move toward new record highs as part of a beige wave III to follow.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.