DoujinStars
The Long Investor
The Long Investor

patreon


$CRWD

The only thing changed for me is that Wave B went quite high and attempted a double top but instead made a lower high, otherwise my opinion remains the same, Wave C is not complete and I can not consider this right now.

Fundamentals are simply appalling and worse than $PLTR, so this is a big rotten red flag for me and I would not go near this right now.

$CRWD

Comments

If this is the case, why not put/short?

Jeffrey Santoro

Up near top of B wave .. looks like a pretty good spot to do so

TommyJR

Looks like a big bear flag on this chart too nice

Byron Tanigawa

Same

HS

Why are the fundamentals bad? Price to sales is high no question. They are the market leader in end point cyber and are still growing the number of customer they have and products as well as revenue growth is strong and they are FCF positive

A.S.

I get that valuation is high .. not arguing on technicals .. I differ a little but I take your point valuation is part of fundamentals.. but in terms of other metrics like rev growth .. rule of 40 etc these are elite companies v their peers.. just my 2c

TommyJR

That is incorrect, valuation is a by product of fundamentals and they are terrible, both fundamentally and technically terrible right now.

Gareth Neary

When you say fundamentals you should say Valuation.. Fundamentals of this and Palantir are strong but the valuations don't make sense

TommyJR

Ive been trying to figure out when to trim or exit this position.

A.S.


More Creators