Curiously intrigued
$CrowdStrike (CRWD.US)$ has had a rebound from 200 to this point in a flash. while it is definitely a very fundamentally strong company with great products, I’m just curious how easily forgiving investors are considering the treatment some other stocks have received lately.
is this a ‘buy the dip’ effect or is this a huge manipulated trap to orchestrate another pullback? only time will tell.
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MomentumPython1337 : it's a relief rally, whether it sustains depends on upcoming economic data. forget about technical analysis or long term fundamentals, this is about short term macroeconomic events, what the Fed will do and how bad the jobless claims will be in coming weeks
101782047 : See long-term. Fed will not let them economy go down, they will save it by whatever means if the recession is there. That is also where the market will rally back to bull again.