$CRWD - Could be close to a pull back

1월 24일

CRWD CrowdStrike, looks overextended and could be close to a pullback. RSI and MACD are showing bearish divergence.

It may reach $307 before staging a pullback.

I might consider placing a bearish bet around $307.

There is a risk that it could run to $318. Still, risk-reward favors the downside.

Downside targets:
$272
$259

Risk:
$318