Could CrowdStrike Holdings (CRWD Stock) rise towards the 125 level?
|Today’s instrument is CrowdStrike Holdings Inc.‘s stock traded in Nasdaq exchange under the ticker CRWD.
Looking at the CRWD‘s chart, we can see that last week, after its announced worst- than-expected quarterly earnings and future outlook, the share price has collapsed from around $138 to around $109 whereas it was lastly traded at around $113.20!
If it manages to hold above its support level of $110 today, we could expect the price to rise towards tis first resistance level at around $124-125 otherwise it should fall to a new 52W low price.
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