The cybersecurity stock is looking positive after quarterly results.
A strong close on Friday would suggest further upside.
As the year has been upended by the Russian invasion of Ukraine, this name has all of the hallmarks of a secular growth story.
The shares have been making lower highs from late December.
It isn't brave to trade without a game plan; it's foolhardy and can result in big losses.
As an example, let's look at the 21-day exponential moving average of the QQQ to see what it is signaling; we also check out Cloudflare.
This swing trader is far more interested in buying intraday dips than selling rips; he also checks out CrowdStrike Holdings and The St. Joe Co.
Let's take a look at the charts and indicators.
Traders who may have been stopped out of the cybersecurity company's stock might want to wait a bit before jumping back in.
CRWD reported Q4 results Wednesday, beating expectations.