Analyst Observations | Nasdaq Dorsey Wright

Comments include: CRWD, NVDA, & WFRD.

CRWD CrowdStrike Holdings, Inc. Class A ($227.24) - Software - Shares of CRWD broke a double top at $196 after surging ~20% on earnings, ending a streak of two consecutive sell signals while setting all-time highs. The 4 for 5'er continues be one of the strongest names in the technology space after moving back to a positive trend in April. While the stock lacks near-term peer RS, it remains an attractive name investors could buy here.

NVDA NVIDIA Corporation ($227.56) - Semiconductors - NVDA reported earnings on Wednesday evening, allowing the stock to rise over 8% on Thursday. The 3 for 5’er completed a bullish catapult at $228 for its second buy signal. NVDA is now just 4% away from its highs earlier this year. That said, it remains just a hold for now given its lack of some relative strength. Resistance from highs lies ahead at $232 and $236.

WFRD Weatherford International Plc ($93.08) - Oil Service - After successfully testing its bullish support line, WFRD returned to a buy signal Thursday with a double top break at $91. The outlook for the stock remains negative, however, as WFRD is a 2 for 5'er. From here, support sits at $87, while resistance can be seen at $95.

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