Long Position on CRWD @ $142.50 on 10/15/2020 (Fundamentals)

CrowdStrike Holdings, Inc. (CRWD) provides cloud-delivered solutions for next-generation endpoint protection in the United States, Australia, Germany, India, Romania, and the United Kingdom.

It offers 11 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as endpoint security, security and IT operations, and threat intelligence to deliver comprehensive breach protection even against today's most sophisticated attacks.

The company primarily sells its platform and cloud modules through its direct sales team.

Following multiple press releases in CrowdStrike Holdings, Inc. blitzed the market with the announcement of real-time security posture assessments across all endpoints and protection for endpoint devices, as its customers will now be able to benefit from the CrowdStrike Falcon Zero Trust Assessment. This should move share prices higher.

Entry Point: $142.50

Stop Loss: $137.00

Trading Range: $31.95 - $153.81

Target Price: $158.85

Updates

12/3/2020 9:33:46 AM

CRWD closed at $159.00

Position closed on 12/3/2020 at price of $159.00 with a 11.58% gain in 49 days.

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