While The Narrative Unravels

Yesterday’s update on CrowdStrike, said that Fridays were typically biased to the upside.

Well, that’s what happened and a bit more than expected.

A.I. Narrative Blow-Out

Before getting to the chart, a reminder the A.I. narrative’s unraveling in real-time, big time, links here, and here (not advice, not a recommendation).

The chart shows going vertical into the close of the day.

Note the resistance zone.

CrowdStrike CRWD, Daily

As shown, volume and Force Index contract as price action rises into the resistance area.

We’re now on to the weekend.

One has to wonder, what A.I. implosion will happen next.

Stay Tuned

Charts by StockCharts

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