Posted by DigiNomad on 5th of Mar 2024 at 04:21 pm
CRWD - only 2.75% short interest and it's EXPENSIVE. Not
sure it will have the fuel it needs to run....maybe a better fade
candidate? Consolidating at the top of the pop though so
could take a hitchhiker entry if it breaks the high of the range.
Or short here with stop above the high. They are both tempting
(hitchhiker won...so far)
Posted by DigiNomad on 5th of Mar 2024 at 06:00 pm
CRWD - that first flag was the decision area (for scalpers). It
consolidated and broke the range to the upside. That signaled a buy
program was in effect and the "hitchhiker" play was on. But I
do think it's likely to be a decent fade at some point
soon.
CRWD - only 2.75% short
Posted by DigiNomad on 5th of Mar 2024 at 04:21 pm
CRWD - only 2.75% short interest and it's EXPENSIVE. Not sure it will have the fuel it needs to run....maybe a better fade candidate? Consolidating at the top of the pop though so could take a hitchhiker entry if it breaks the high of the range. Or short here with stop above the high. They are both tempting (hitchhiker won...so far)
Thanks for the post Digi!
Posted by breakout on 5th of Mar 2024 at 04:55 pm
Thanks for the post Digi! .. on crwd...got her marked up on the downside..
CRWD - that first flag
Posted by DigiNomad on 5th of Mar 2024 at 06:00 pm
CRWD - that first flag was the decision area (for scalpers). It consolidated and broke the range to the upside. That signaled a buy program was in effect and the "hitchhiker" play was on. But I do think it's likely to be a decent fade at some point soon.
CRWD - hell of a
Posted by DigiNomad on 6th of Mar 2024 at 12:41 pm
CRWD - hell of a fade off that pop. I didn't think it would hold considering how expensive it already is. That said, I wouldn't short it again here.
Yes hope you partook -
Posted by steve on 6th of Mar 2024 at 12:42 pm
Yes hope you partook - personally missed with trading others