CRWD was at a significant resistance before the "outage".
So it was ready for a dip already when the bad news hit.
The stock crash (after the outage) is back up to key levels.
MINOR but significant resistance at current price of $298.49.
MAJOR target/resistance is a Golden Genesis fib at $308.92.
OVER shoot target and likely top will be local fib at $316.09.
It is PROBABLE that it pulls back very soon.
It is POSSIBLE to be the high before new lows.
It is PLAUSBLE that it breaks but not on first hit.
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So it was ready for a dip already when the bad news hit.
The stock crash (after the outage) is back up to key levels.
MINOR but significant resistance at current price of $298.49.
MAJOR target/resistance is a Golden Genesis fib at $308.92.
OVER shoot target and likely top will be local fib at $316.09.
It is PROBABLE that it pulls back very soon.
It is POSSIBLE to be the high before new lows.
It is PLAUSBLE that it breaks but not on first hit.
====================================================
Trade active
Excellent Fibnastics(yellow shaded area is from posting time).
.
Zoom IN (M15)
We have a PING on the Golden Genesis at $306.92.
PING from "Give me a ping Vasilly, One Ping Only".
And my rule :
"Not all Pings start a Reversal, but
Most reversals Start with a Ping"
So we might be able to resume uptrend here.
====================================================
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.