CRWD – CrowdStrike Holdings Inc.

Date: 20 May 2026

Sector: Technology Services / Packaged Software

Exchange: NASDAQ

TradingView link: https://www.tradingview.com/x/Pdn5nUxM/

The company first floated in 2019 at around $64 and is currently trading at an all-time high of around $620.

When you zoom out to the monthly timeframe, the structure is actually very clean and almost textbook, with higher highs and higher lows that appear to be continuing toward further all-time highs.

From a structural perspective, it is one of the cleaner long-term charts currently available in the market.

Focusing on the most recent pink box, though, we can see that the stock had entered a period of sideways action on the weekly timeframe.

During that consolidation, we did briefly see a slight break in structure, with a lower low forming around the ~$355 area. The low wick occurred around 23 February 2026, just prior to the outbreak of hostilities involving Iran.

The important point, though, is that price never actually broke down below the broader pink box support zone around ~$297.16.

Shortly afterwards — and in line with the broader technology sector recovery — the stock regained momentum and began producing a succession of strong blue weekly candles.

We have now successfully broken out of the top of the pink box.

Dropping down to the daily timeframe, we can see that the price has now delivered three strong closes above the box, meaning the stock fully meets my standard breakout criteria. It also appears likely that today will produce a fourth consecutive close above the box.

An additional factor strengthening the bullish case is what we can see on the hourly timeframe. The previous top of the pink box has now been retested twice from above, strongly suggesting that former resistance has successfully flipped into support.

Although this trade technically meets all my criteria, I am slightly hesitant because I already have meaningful exposure to this sector.

That said, if technology and software remain the leading sectors in the current market environment, and risk is managed correctly, there is no reason why we cannot continue participating in the trend.

Entry trigger:

* 4H grey candle turning back to blue

Initial stop loss:

Multi-timeframe correlation

3M: Blue candle

1M: Blue candle

1W: Blue candle

1D: Blue candle

4H: Grey candle

When do I tighten the stop loss?:

* Last 4H swing low

Potential target range (daily):

Activated price targets: None

Am I in this trade: Yes

Current return (R multiple):

* +0.01R