CRWD fell 7.14% today toward the still-unfilled September 2nd gap. An upward trend line targets $203, near the psychological $200 level, which might be a good buying level.

CrowdStrike,

Now, let's take a look at CrowdStrike. Crowdstrike, a very large drop today. Oh, 7.14%, 7.1% there. So, we ended up seeing some nice sales there .

We have a gap filling from September 2nd. Therefore , the price dropped to this level and did not close that gap. That gap has not yet been bridged. The greater the distance from the gap, the stronger it becomes, and this week the price came closer, but did not quite succeed in achieving that.

This is the level I've been watching since September 2nd, and we have a good little upward trend line that gave us a target of $203 for CrowdStrike, which is very close to the psychological level of $200.

Psychological levels are just another factor to pay attention to. You know, if a stock is priced at $80 or $90, many investors will simply want to sell when it reaches $100 because that's a psychological level .

The $200 level might be a good buying level for Crowd, yes, CrowdStrike .