CRWD

Note that CrowdStrike $CrowdStrike(CRWD.US)$ had been running within an ascending price channel since early 2023. As of late, the shares had developed the first shoulder and head of what seemed likely to end up looking like a head and shoulders pattern. Now, due to this news event, Relative Strength has rolled out of bed, as has the stock's daily MACD. The shares have gapped lower and found what looks like it could be significant support for at least today at the stock's 200-day SMA (red line).