Wednesday 20 November 2024
Share Code: CRWD
Sector: Cybersecurity
In fact, the recent high was $359.
No, I did not catch the exact bottom however, it's about that, it's about assessing reward-to-risk and weighing the probability of outcomes.
Well done to clients who took capitalized on the opportunity.
Original Post at $229, Published Here On 30 July: https://www.unum.capital/post/u-s-trading-session-crowdstrike-holdings-crwd-here-s-what-the-data-says-tuesday-30-july-2024
To trade global equities, you will need an offshore account. To get started, contact the Unum Capital Trading Desk today. E-MAIL: tradingdesk@unum.co.za| CALL:011 384 2923
Lester Davids
Analyst: Unum Capital
Previous Post: CrowdStrike: Strong Rebound Off Tactical Trigger - Wednesday, 21 August 2024
Real-Time: 21h35
Ticker: CRWD
Short Term Traders Could Look To Take Profit
Real-Time: 18h46
Amidst the sharp sell-off, here's what the data says:
ABOUT THE TACTICAL TRADING GUIDE:
Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames: short (short term), medium (medium term) and long (long term). Readings are subject to change, based on the development of the subsequent price action.
The tool helps to determine and shed light on the some of the following:
Whether the reward-to-risk is attractive for a buy/long position?
Whether a share is weak or if aggressive buying is underway
Whether a trader can look to buy a pullback into a key moving average (continuation trade)
Whether a share needs to break a range for a new trend to be determined (bullish or bearish)
Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal
Whether a share could start a consolidation phase
Whether the upward momentum is slowing (if it's in a bullish phase)
Whether buyers can look to 'phase in' to a position (if it's in a bearish phase)
Whether a share lacks directional bias
Lester Davids
Analyst: Unum Capital
Comments