CrowdStrike Inc.(CRWD) Elliott Wave Technical Analysis 19 May 23

CrowdStrike Inc., Elliott Wave Technical Analysis

CrowdStrike Inc., (CRWD): Daily Chart, 19 May 23,

CRWD Stock Market Analysis: We passed confirmation level and it looks like we are going to be continuing higher. Looking for at least equality of 3 vs 1 before seeing significant resistance.

CRWD Elliott Wave Count: Wave {i} of 3.

CRWD Technical Indicators: Above all averages.

CRWD Trading Strategy: Looking for further upside to unfold.

(Click on image to enlarge)

 

CrowdStrike Inc., CRWD: 4-hour Chart, 19 May 23,

CrowdStrike Inc., Elliott Wave Technical Analysis
CRWD Stock Market Analysis: Looking for a wave (iii) as you can see as we already had the largest correction ever since the bottom in wave 2 and I marked it up as wave (ii).

CRWD Elliott Wave count:  Wave (iii) of {i}

CRWD Technical Indicators: Above all averages.

CRWD Trading Strategy: Looking for upside on the pullback in wave (iv).

(Click on image to enlarge)


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