$CRWD - Could be close to a pull back
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
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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