Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>CRWD stock price slumped nearly 7% in the last two intraday sessions.&nbsp;&nbsp;&nbsp;</a></li>
 <li><span>2</span> <a>CRWD stock price bounced back from the 50-day EMA and surged to form a new swing high.&nbsp;</a></li>
 <li><span>3</span> <a>Crowdstrike Holdings Inc. stock price persists in a strong bullish trend.&nbsp;</a></li>
</ul>
<p>CRWD stock price slumped over 7% in the last two Intraday sessions. However, the decline might seem to be a profit booking in the near term as the stock price persists in a bullish outlook above the key EMAs of 50 and 200-day.&nbsp;&nbsp;</p>
<p>The price trend analysis states that the stock has been forming a bullish trajectory for the last two quarters. The stock price started recovering from the very start of the financial year 2023. The price recovered from a low of $92 and maintained a consistent positive price action to reach the $190 level.&nbsp;</p>
<p>Recently, the stock price bounced back from the 50-day EMA and broke out of the $170 level indicating a strong bullish outlook in the short term. The price reached a high of $191.9.&nbsp;</p>
<p>The technical indicators imply that the stock price is maintained above the 50-day EMA for most of the time indicating a bullish outlook in the short term. The EMAs are acting as a dynamic support for the price.&nbsp;&nbsp;</p>
<p>Now that the stock price is bullish the short-term drawdowns might get converted into pullbacks and the stock may continue to surge upwards forming higher highs and higher lows.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-crwd-stock-price-analysis-over-weekly-chart-strong"><strong>CRWD Stock Price Analysis Over Weekly Chart</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" loading="lazy" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643.png" alt="CRWD Stock Price Slumped 7%: Is The Trend Turned Bearish?" class="wp-image-177594" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-643-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: CrowdStrike Holdings&nbsp; 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<p>The weekly chart illustrates that the CRWD stock price has an upside potential till the $200 level. The chart shows that the $200 level is a strong supply zone that the price might struggle to conquer.<br><br>Also, the price is currently above the key EMAs of the 50-day and the 200-day, indicating a bullish outlook over the weekly chart.</p>
<h3 class="wp-block-heading" id="strong-technical-indicators-signal-bullish-outlook-strong"><strong>Technical Indicators Signal Bullish Outlook</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" loading="lazy" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644.png" alt="CRWD Stock Price Slumped 7%: Is The Trend Turned Bearish?" class="wp-image-177595" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-644-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: CrowdStrike Holdings&nbsp; 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<p>The overall technical opinion rating including RSI and MACD is signaling a 90% “buy” with a strengthening short-term outlook on maintaining the current direction.</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p><a href="https://www.thecoinrepublic.com/2023/10/21/mullen-stock-will-muln-stock-price-reach-the-1-level/" target="_blank" rel="noopener noreferrer nofollow">CRWD stock price </a>dropped 7% in two days but remains bullish above 50-day and 200-day EMAs. The price recovered from $92 to $190 in two quarters. The price broke out of $170 and made a high of $191.9.&nbsp;</p>
<p>The price is supported by the EMAs and may continue to rise forming higher highs and lows. The weekly chart shows a major supply zone at $200. The price is bullish on both daily and weekly charts.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<ul>
 <li><strong>Support levels:</strong> $170.71 and $158.66.</li>
 <li><strong>Resistance levels:</strong> $190.65 and $205.61.</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

CRWD Stock Price Slumped 7%: Is The Trend Turned Bearish?

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