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Today’s instrument is CrowdStrike Holdings Inc.‘s stock traded in the Nasdaq exchange under the ticker CRWD. 

Looking at the CRWD‘s chart, we can see that during the week, it followed an upward direction which was justified by the better-than-expected announced results, three days ago, but after last night’s sell-off it dropped to the current pre-market price of $121.45. Today, we could expect it to continue sliding towards the support level which is located at around $120 where an upward technical reaction should be expected.

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