CRWD Trade on Aug 9, 2021 09:53 from MichaelBLe: Tradervue User Stock Trades.

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Shared by
MichaelBLe

 

Shares traded: 40
Closed Gross P&L: $-107.60

Tags:

Daily:Channel Entry: Ladder Exit: Mechanical

6:57AM
I took this trade this morning after noticing CRWD gapped down and quickly recovered as many other software stocks were lagging. I was a little late in buying the stock but just decided to put a small "place holder" position in this name. That way this is on my radar.

On the chart, what really pops out to me is the price contraction towards the right side of the chart. Volume is drying up the last 6 weeks also. This has a Volatility Contraction Pattern (VCP) that Mark coins it.

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There is still time to build a cushion for next earnings report at the end of the month.
This software security company is turning it's earnings around. This consistent earnings and sales growth.
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8-10
7:58AM
CRWD gapped up but didn't have enough buying power to get going. The tape was painted to look like it was going to go above opening price around the 7am mark. But without the volume to confirm, I did not add. Glad I didn't. Stopped out for a small loss.
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Execution detail:

Date/time Symbol Qty Price Position
2021-08-09 09:53:01 CRWD 20 $264.520 20
2021-08-10 10:57:36 CRWD -20 $259.140 0


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