Long Position on CRWD @ $67.40 on 7/8/2019 (Momentum)

CrowdStrike Holdings, Inc. (CRWD) develops security solutions in the United States.

It offers Falcon platform, a cloud based security solution that protects workloads across on-premise, virtualized, and cloud-based environments running on various endpoints, such as laptops, desktops, servers, virtual machines, and IoT devices.

The company also provides Threat Graph, a cloud-based graph database. Shares of this recent IPO have been pulled back and now are sitting at a trendline support.

Please note that the firm reports its quarterly results on July 18th.

Entry Point: $67.40

Trading Range: $56.00 - $79.79

Stop Loss: $64.00

Target Price: $74.15

Updates

7/19/2019 9:37:42 AM

CRWD closed at $82.60

Position closed on 7/19/2019 at price of $82.60 with a 22.55% gain in 11 days.

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