The data is off.


$$CRWD dropped 74.65% in 24 hours, from 775 to 195, with a trading volume of only $14 million, more than half of the normal level.
Such a crash with low volume could be either a bug in the exchange's data feed, or someone dumping and liquidity drying up instantly, or market makers collectively going on strike. I lean toward the first, since the price of 775 hasn't appeared in the past year; it looks like a faulty quote being included in the statistics.
Regardless of which, playing a rebound at 195 right now is catching a falling knife. Wait until the 24h trading volume recovers to over $50 million before considering entry, set stop-loss at 184, first target at 210, position size no more than 1%. Don't bet on a V-shaped recovery from this kind of drop; trend repair usually takes several days. Wait for confirmed signals before acting. Such signals occur only a few times a year; missing out is not a loss.
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