‘Buy Alert’: Investors Piling into CrowdStrike

I just spotted a signal from one of my most reliable indicators. Let me take you through how I spotted it and what it c March 19th, 2024 ‘Buy Alert’: Investors Piling into CrowdStrike I just spotted a signal from one of my most reliable indicators. Let me take you through how I spotted it and what it could potentially turn into. Finding a stock with strong upside momentum can create a winning trade environment. When you know conditions are right for trading, you can set up a trade that fits your personal risk and profit profile. While trading always includes a risk of loss, our goal is to look for trades that help to manage as much of that risk as possible. This is why I like On Balance Volume Charts, especially when they highlight patterns like the one we are seeing in CrowdStrike Holdings, Inc. (CRWD). Check out the chart below. Confirm the Trend with OBV On Balance Volume measures volume flow with a single Easy-to-Read Line. Volume flow precedes price movement and helps sustain the price uptrend. When a stock closes up, volume is added to the line. We can see from the OBV chart below that the On Balance Volume line for CRWD is sloping up. An up-sloping line indicates that the volume is heavier on up days and buying pressure is exceeding selling pressure. Since CRWD’s OBV line is sloping up, the most likely future price movement for CRWD is up, making CRWD a good candidate for a stock purchase or a call option spread. Let’s use the Hughes Optioneering calculator to look at the potential returns for a CRWD debit spread. For this option spread, the calculator analysis below reveals the cost of the spread is $595 (circled). The maximum risk for an option spread is the cost of the spread. The analysis reveals that if CRWD stock is flat, up, at all, or down 7.5% at expiration the spread will realize a 68.1% return (circled). The prices and returns represented below were calculated based on the current stock and option pricing for CRWD on 3/18/2024 before commissions. 📈Interested in receiving actionable option spread trade recommendations? [Sign up for my Wealth Creation Alliance]( to start getting them today! Due to option pricing characteristics, this option spread has a ‘built in’ 68.1% profit potential when the trade was identified*. Option spread trades can result in a higher percentage of winning trades compared to a directional option trade if you can profit when the underlying stock/ETF is up, down or flat. A higher percentage of winning trades can give you the discipline needed to become a successful trader. The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. Lightning Fast Trade Alerts from Chuck! Chuck Hughes has just launched his exciting new trading service program, Lightning Trade Alerts. This new service focuses on low-cost & short-term options trade. Members will receive hand-picked options trades from the 10-Time Trading Champion, Chuck Hughes. Call our team at 1-866-661-5664 or 1-310-647-5664 to join or click below to schedule a call! Wishing You the Best in Investing Success, *Trading incurs risk and some people lose money trading.   --------------------------------------------------------------- See Related Articles [‘Buy Zone Alert’: AZEK in Sweet Spot]( [How to Play the Rotation: Buy Trane?]( [JPM: Stock Roaring to New Highs!]( --------------------------------------------------------------- [TradeWins Logo](  © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add [todaystrade@chuckstod.com]( to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC (“Legacy”) Trading Services, newsletters and educational publications (“Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" – money you can afford to lose. This email was sent to {EMAIL} by todaystrade@chuckstod.com TradeWins Publishing Corp.528 North Country Rd.St. James, NY 11780 [1-Click Unsubscribe]( | [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](