Negative Divergence; targe 200 SMA <$250 (20% correction)

312
We've been forming a negative divergence on the daily for 2-3 months now.
CRWD has been red hot.
Margins are barely positive over the last few quarters (after a long-time being negative). But CRWD is still a $72 billion company trading at 24x revenue.

Now is the time to do the mature thing and to take some profits.

I'd suggest looking at the 200 SMA for re-entry (around $230-250 as a guess).

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