Crowdstrike holdings looking to break higher


February 2021


Alex Cole

Crowdstrike holdings has been on a strong run from the “Go” flag signaled around $145.

Now we see that it has consolidated sideways in a channel since the middle of December. On this last rally to the top of the channel, we have seen the GoNoGo Trend paint the strong blue “Go” bars and we have also seen momentum return in the direction of the trend in the form of the trend continuation low risk entry icons (green circles).  We would like to see volume pick up and turn the GoNoGo Oscillator dark blue as that would confirm any break to the upside of the channel.