In Crowdstrike, the damage is done: The market reaction to the technical glitch has already been harsh, but in the long term the company could be in serious trouble. In the age of memes, Crowdstrike has become synonymous with the vulnerability of the digitalized society in less than 24 hours. The loss of trust is likely to have a lasting impact on the company's results.
For this reason, we are bearish on Crowdstrike in the medium to long term. The stop loss for this trade idea is very wide. Followers can also see the idea as a warning to invest in Crowdstrike, while at the same time it gives an indication of the price at which an investment may be worthwhile again.
For this reason, we are bearish on Crowdstrike in the medium to long term. The stop loss for this trade idea is very wide. Followers can also see the idea as a warning to invest in Crowdstrike, while at the same time it gives an indication of the price at which an investment may be worthwhile again.
Note
This escalated quickly LOLTrade closed: target reached
Trade active
We bought here and aim for USD 327
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.