Can anyone explain why Crowdstrike continues to trend upward despite its insanely high valuation and the uncertain negative impact on its future growth due to the recent event? I do note that many have been pointing out that Delta doesnt really have a case.
Could the strong support for the stock price be due to its significant institutional holdings?
I currently have a short position with an entry at $220. Should I cut my losses and exit? Shall I do it before the earnings release on 28th?
Leave a Reply