Category Archives: CRWD

CrowdStrike … Tests Breakdown

December 19, 2025 By in Artificial Intelligence, CAT, CRWD, Ox Talks Leave a comment

Similar to Caterpillar

Our favorite chief, cook, and bottle washer of the negative P/E, currently standing at -379, is about the same as the last update.

The difference from then, is that price action has got itself into a potential test of a wedge breakdown.

Ever since the ‘update glitch‘ wipeout, it’s never been the same for CRWD.

CrowdStrike CRWD, Daily Close

Yesterday’s action closed higher. So far today, trading is continuing the move.

It’s important to note that volume is not remarkable; meaning, the last high-volume day was at the earnings release on December 2nd, and 3rd.

Unlike CAT, in the prior update, we don’t have a decisive indicator (volume) for a trend break (not advice, not a recommendation).

It’s as if CRWD, is banging around (with low volume), trying to find a direction.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CrowdStrike, P/E – 424.69

November 30, 2025 By in CRWD, CVNA, EBAY, EBAY-25-01, EXPE, EXPE-25-01, Terminating Wedge

Wild Swings

Depending on which data platform is used, CrowdStrike’s P/E, is anywhere from -378.81, to -424.69.

That’s a negative P/E.

‘Not to worry’, as the Brits would say, CrowdStrike’s P/E has also been positive.

How about +786.1, in January of 2024, link here.

Let’s throw in Book Value of 15.03, and we have an outfit trading at 3,288% over its liquidation value.

On top of that, don’t forget the update ‘glitch’ costing customers over $5 Billion in losses, here and here.

Going on to add some intrigue, we’re coming up on the earnings release this Tuesday, after the bell.

What could possibly go wrong? 🙂

CrowdStrike CRWD, Weekly

It’s a familiar theme. One (potential) terminating wedge after another.

So far, we’ve covered CVNA, EBAY, and EXPE, in similar positions (not advice not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CrowdStrike’s ‘Outside-Down’

July 26, 2025 By in CRWD, CRWD-25-09, Positions, Up-Thrust, Wyckoff, Wyckoff Stock Market Institute

Is Time Running Out?

The last update on CrowdStrike, said this:

“The coming week may see an attempt to rally. If so and depending on price action, the risk on a short position may be reduced.”

That’s what happened; CrowdStrike rallied, then reversed again.

It also turns out, that rally may have been a test of the upper wedge boundary (shown below).

CrowdStrike CRWD, Weekly

As stated by Wyckoff, typical market behavior for patterns or trend breaks, is for some kind of test.

Last week, specifically, Monday the 21st, may have been that test.

Positioned short as trade CRWD-25-09, with stop at the week’s high of 490.04 (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

TEL & A.I.

July 24, 2025 By in Artificial Intelligence, CRWD, TEL

‘Interconnected’

Yesterday, TE Connectivity (TEL), launched nearly 12%, based on earnings, links here, and here.

Today, another push higher, nearly 2%.

The ‘reason’ for the move as is typical these days, was A.I.

TEL produces electrical connectors and their A.I., related business is robust.

Stepping back a bit before we look at the chart, some background. The company has an ‘interesting’ history (as told by Wiki), link, here.

Since this is the first post on TEL, we’re looking at the longer term.

TE Connectivity, TEL, Monthly

It’s a (terminating wedge) similar to CRWD but coving a longer timeframe (not advice, not a recommendation).

With about one more week to go for the month, the top trendline is an estimated location.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

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Sunday Night Futures

July 20, 2025 By in AEM, CRWD, GDX, Gold & Silver, Gold Miners, NEM, Richie Naso

The Agnico ‘Wedge’

Similar to yesterday’s update, showing a wedge pattern for CRWD, we have another (long term) wedge pattern in Agnico Eagle Mines (AEM).

Focusing on ‘strategy’, when market patterns show up, especially in the longer timeframes, we’ll take notice.

Before getting to the chart, here’s a compilation of Richie Naso quotes and insights that have been reviewed over the past week. It’s always good to hear thoughts from a renowned trader.

Richie Naso Quotes

Marathon, link here.

Algorithms ‘Technical Area’, link here.

Short sellers, more highly skilled, link here.

It’s ‘art’, not science, link here.

Agnico Eagle Mines AEM, Monthly

Taking eighteen years to form a wedge, suggests that whatever happens to AEM, is likely to happen in a big way (not advice, not a recommendation).

Agnico’s weighted as No. 2, (just barely) in Senior Miners Index (ETF) GDX; No. 1 spot, going to Newmont, NEM.

Newmont is scheduled to release earnings this coming Thursday, after-hours.

Unlike, Agnico, Newmont’s is well off its all-time highs, already posted an up-thrust, now coming back to test.

It could get interesting on Thursday.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CrowdStrike ‘Wedge’

July 19, 2025 By in CRWD 3 Comments

Back Into The Pattern

The insert at left, shows CrowdStrike (CRWD), on a monthly scale.

The month of June posted a ‘throw-over’ out of the terminating wedge pattern.

The month of July (so far) has posted a return back into that pattern.

The coming week may see an attempt to rally. If so and depending on price action, the risk on a short position may be reduced (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

CrowdStrike’s … Terminal Wedge

July 11, 2025 By in Cramer, CRWD, Positions, Richie Naso, SOXX, SOXX-25-03, SOXX-25-04, WMT, WMT-25-04, Wyckoff

Contrary Indicator(s)

Part of the wedge ‘Throw-Over’ as we’ll see in the chart, may have been in response to this, link here.

With the ‘all clear’ going out to millions of ‘investors’, what could go wrong?

Looking at it from a strictly Wyckoff, and chart pattern perspective (a la Richie Nasso), probabilities favor a reversal (not advice, not a recommendation).

CrowdStrike CRWD, Daily Close

Price action has entered back into the pattern.

Positioning

No active positions in CRWD … yet.

After yesterday’s trend-break (into the pattern), there’s a possibility for a rally to test.

Other Markets

SOXX short, was re-opened as SOXX-25-04, with stop at yesterday’s high (not advice, not a recommendation).

Wal-Mart short, WMT-25-04, remains active, with stop being moved down to (near) the last session high of 96.91 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners & CrowdStrike

July 2, 2025 By in CRWD, DUST, DUST-25-05, GDX, GLD, Gold & Silver, Gold Miners, Positions

A Tale of Two ‘Set-Ups’

When looking at the price action of Senior Miners, GDX, you get the sense, ‘it had to be this way’.

That is, the only way to get up enough energy to close the gap shown below, was to have two successive (lower) ‘spring’ attempts.

Senior Miners, GDX, Daily

Yesterday’s action closed the gap.

What comes next is unknown, but we do have a ‘line in the sand’; that is, if miners (and gold) are to continue on a potential ‘hyperinflation breakout’, then, GDX must post a new daily high above yesterday’s 53.04, at some point.

Either way, Hard Stop of DUST-25-05, at 23.69 (not advice, not a recommendation).

Now, on to CrowdStrike.

CrowdStrike, CRWD, Daily

Yesterday’s action was ‘outside-down’.

We’re right at resistance, that will become support if CRWD, is able to rally from here.

If not, and CRWD posts (consistently) below resistance, then we’re at the top edge of a rising wedge pattern that’s been forming since July, of last year.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Pre-Market Action & Stops

June 23, 2025 By in $SPSIBI, Biotech, CRWD, CRWD-25-05, CVNA, CVNA-25-05, LABD, Positions, SPBIO, WMT, WMT-25-02, XBI

Watch The Highs

All three short positions discussed in last night’s update are trading lower in the pre-market session.

On a percentage basis, Carvana (CVNA) is down the most by about -1%.

At this point, the trading plan is simple; stops for all three are at, or near, the last session highs (not advice not a recommendation).

Moving on, we have an index that may be getting interesting, biotech XBI.

Back in late May, was this post.

Let’s see where we are now.

Biotech XBI, Weekly

A casual inspection of the chart shows price action ‘respecting’ the Fibonacci retrace levels.

For the past two weeks, XBI has drifted lower without decisive conviction.

It could continue its path to lower levels.

However, for a dynamic, sustained move, we need some type of catalyst, like taking out the (potential) stops at the location noted.

On the sidelines for now (not advice not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Sunday Night Futures

June 22, 2025 By in CRWD, CRWD-25-05, CVNA, CVNA-25-05, GLD, Gold & Silver, Positions, WMT, WMT-25-02, Wyckoff 1 Comment

Gold’s ‘Rally Fatigue’

If there ever was a reason for gold to launch massively higher, huge gap-up open, you’d think it would’ve been yesterday’s bombing of Iranian nuclear facilities, right?

Seems like gold, currently trading slightly higher (up just +0.19%), now threatening to go negative, may be tired of the never-ending ‘sky is falling’ narrative.

The overall public does not (or refuses to) recognize, ‘narratives’ are part of the deception, part of the manipulation (not advice, not a recommendation).

Wyckoff said it over a century ago, ‘Until you can ignore the news entirely, you will never be successful in the markets’.

Of course, gold could rally from here. Anything can happen.

However, we need to recognize, gold (GLD), is not all that far away (just 1%) from the level discussed in this update.

Strategy First

Trying to ‘figure it all out’, is not the essence of Wyckoff analysis.

Wyckoff attempts to determine the ‘what’ of the markets, not the ‘why’.

With that, there are three open positions: all of them short (not advice not a recommendation):

CVNA-25-05, CRWD-25-05, and WMT-25-02

Tomorrow (Monday) pre-market, an update is planned for short-covering exits (if any) and stop levels.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279