CrowdStrike has recently staged a noticeable move to the upside, which we classify as merely an internal countertrend bounce. Our primary view places price in a downward phase that should complete the broader correction. The final destination remains the green Target Zone below the $298 support, defined by $114.02 to $33.73. Within this range, the ongoing bearish cycle wave should conclude. That said, it remains conceivable that CRWD has not yet entered its final downward phase and could first establish a new corrective high. This 30% likely alternative scenario could be confirmed if price breaks above the $566.90 resistance, thereby exceeding the correction high assumed in our primary scenario.
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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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.