This is an article for those of you that either owned or are thinking of investing in CrowdStrike (CRWD) . If you owned it please tell me you had properly set stop losses and were sufficiently diversified to minimize your exposure to losses.
Today's Chart of the Day is not selected by my normal selection process. Thursday was a bad day, Friday wasn't much better and I really don't have any hope of Monday reversing the trend. In short, I went in this weekend and set all my stop losses, and would not be surprised if some of them trigger this week. I'm not looking to buy back into the market until I start to see a little daylight again. Yes,Yes, I hear the screams yelling “BUY ON THE DIP” but I'm not convenced the bottom has been reached.
