
CrowdStrike Holdings Inc. (NASDAQ: CRWD) is up about 25% in the last 12 months. And with cybersecurity continuing to be one of the hottest sectors for investors, there’s reason to believe it may go higher.
For starters, the technical situation is intriguing. CRWD stock has bounced off a low in early April and is consolidating around its 50-day and 100-day simple moving averages (SMAs). If the stock can move past those levels (around $378 and $372, respectively), there may be momentum heading into earnings.