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CRWD
Forbes
20 days

CrowdStrike Stock Could Resume Run Higher

1. CRWD stock is down 0.4% from its July peak. 2. Shares are 35% up YTD, reaching support at the 80-day moving average. 3. Historically, similar trends led to 75% higher returns within a month. 4. Current bearish options sentiment may provide upside potential. 5. Low volatility expectations are indicated by the stock's SVI.

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FAQ

Why Bullish?

The historical trend suggests a strong likelihood of recovery. CRWD's price often rebounds after touching the 80-day average.

How important is it?

Current technical trends and historical data suggest volatility ahead. Options market indicators also suggest recovery potential for CRWD.

Why Short Term?

Recent signals indicate potential for a quick rebound. Historical patterns show gains shortly after similar trend signals.

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