CrowdStrike Holdings Inc. could drop to the 120 level

AAATrade Team AAATrade

Today’s instrument is the CrowdStrike Holdings Inc.‘s stock traded in Nasdaq exchange under the ticker CRWD.

Looking at the CRWD‘s chart, we can see that during the week, it followed an upward direction which was justified by the better-than-expected announced results, three days ago, but after last night’s sell off it dropped to the current pre-market price of $121.45. Today, we could expect it to continue sliding towards the support level which is located at around $120 where an upward technical reaction should be expected.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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