The Long Investor

$CRWD

Added 2024-09-09 13:31:12 +0000 UTC

$CRWD is respecting the Fib levels here,rejecting at the 0.38 Fib at the red line at $281, on the same day as the 50 and 200 Day MA complete a death cross, price has pulled back to the 0.5 Fib now at $245.

The set up does not look good here right now and we can see that the red line was also the Wave 4 support level, so right now it has been flipped to a resistance line

Losing the $245 level and I would wait to the very least for $208 to be tested again, which is also the 0.618 Fib

I also believe at $208 would be an attractive add and would consider $CRWD a contender to be added to the Top 20 List.