LRCX And SMCI Pattern To Watch

Here’s a pattern that is a consolidation to expansion setup, aka “momo breakout” setup, that I look for when trend trading. Yes! The best breakouts are really TREND TRADES.

A Buy Setup In CrowdStrike (CRWD)

Crowdstrike had a fantastic move post-earnings, and now it’s consolidating, setting up for more. Check out the daily squeeze setup and my upside easy targets and full targets for some bullish butterflies.