So $CRWD managed to pull all the way back to its 0.618 Fib at $208 and managed to do all of this in Wave A.
I do not see any Wave B in this pull back so the bounce now is only Wave B for me and $208 may get tested again later in the year.
I would be watching for the 200 Day MA, which is beside our Wave B level and at an important resistance/support blue line at $300 for a rejection before coming back down.
Jesse Gaffey
2024-08-08 12:01:13 +0000 UTC