Stock Of The Day: CrowdStrike Shows Fractal Nature Of Technical Analysis
CrowdStrike(CRWD) Benzinga·2024-12-27 19:38
Shares of CrowdStrike Holdings, Inc. CRWD are trading down sharply on Friday. The move lower was triggered by news of insider selling.The stock teaches an important technical analysis lesson. This is why it is our Stock of the Day.One of the most interesting and misunderstood dynamics of technical analysis is its fractal nature. This means the same patterns can be seen on charts of different timeframes.In the stock market, there tends to be support at price levels that had been support previously. This is b ...