SamSuka
The Long Investor
The Long Investor

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$CRWD

$CRWDs fate has been decided, companies have clearly not given them the benefit of the doubt that this was a once off event and the excessive selling continues today, down -12% now.

As I showed on Friday, losing the Wave 4 level at the red line and the 200 Day MA would mean the ABC correction is confirmed and that is confirmed now.

Wave A is desperate for support now, the 0.5 Fib at $244 could be that level, before a relief bounce for Wave B will be next.

Wave C completing under the 0.5 Fib would be attractive to me.

$CRWD

Comments

looks like it made wave c yesterday 🤔

JessyyRabbit

I like the company overall and the sector. I would love to find a nice entry point with good risk reward ratio.

Kapil Pandey


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