$CRWD has followed the Mega Caps higher since early 2023 and has started to bend down now too.
it has already lost its 50 Day MA and is testing the blue line now at $300, which was the previous high from 2021.
Since we have Wave 5 completing at its new ATH, I believe this too is starting its ABC correction and I have added this in.
The 200 Day MA is at the 0.5 Fib now and should continue moving higher to the 0.38 Fib at $261 for support too for Wave A to complete.
NalaikPanda
2024-04-16 14:58:29 +0000 UTC