$CRWD enters “NoGo” after bearish divergence

$CRWD enters “NoGo” after bearish divergence


April 2023


Alex Cole

Since early February, $CRWD had been in a "Go" trend creeping forward with higher highs and higher lows.

However, GoNoGo Oscillator had been showing bearish divergence for some time even as it found support at the zero line.  Most recently however, GoNoGo Oscillator has failed to find support at the zero line and GoNoGo Trend has painted first a pink and then a stronger purple "NoGo" bar. We will look for price to move lower from here with the "NoGo" trend in place and GoNoGo Oscillator confirming by being in negative territory.