CRWD Top 3
In addition to Anne's earlier post, I wanted to mention another trading position we initiated in 2020, which was CRWD. We have also compounded numerous times on this trade, with the most recent instance being February 2023.
Original entry approx: $107
Recent addon approx: $116
Current price approx: $260
The initial investment in CRWD was based primarily on fundamental analysis, with a negligible emphasis on technical indicators. Over time, the decision to incrementally increase our position in this asset was driven more by solidifying fundamentals, complemented by some technical factors. This strategy has remained consistent into 2023. As we near the tag of our predetermined target, established at the close of the previous year, we are preparing to realise partial profits.
It should be said that this investment journey with CRWD has presented numerous challenges. However, through our trade management and rebalancing measures, this trade has become one of the top three performers in our portfolio at the moment.
We are waiting to take further action once our target has been met.
Javid Shaik
Dynamic Trader LinkedIn
Let's go trade!