OptionsPlay DailyPlay

The bullish DailyPlay for Friday, December 11th is Crowdstrike Holdings Inc (CRWD). CRWD has experienced a 31.3% gain over the past month as price as Cybersecurity stocks experience a surge in demand. 

Fundamental View

  • Leader in endpoint protection with scalable could-based technology to expand into other areas of cybersecurity
  • Sales are expected to almost double in 2021 from $481M to $819M
  • Earnings: Mar 18 (97 Days)

Technical View

  • Pullback to 21 D EMA providing a good entry for a long exposure
  • Bullish 1M and 6M trends
  • Very Strong relative strength, technical score (10 out of 10)