CrowdStrike Stock Could Resume Run Higher
Cybersecurity stock CrowdStrike (CRWD) has been falling off its July 3 record peak of 465.26. The shares remain steadfast at the 35% year-to-date level, with additional support moving into place at the 80-day moving average. In fact, the trendline has a record of bringing bullish movement to CRWD, meaning a pivot higher could be on the horizon.Per Schaeffer's Senior Quantitative Analyst Rocky White, CRWD is within 0.75 of the 80-day trendline’s average true range (A ...