Technical Analysis – 31 August 2023

Shares closed above the 50dEMA with rising volume. The 5dEMA crossed the 50dEMA.
Both RSI and MACD are constructive.
Long – Entry 186.0, Target 195.0, Stop 181.5

Shares closed above the 5dEMAwith constructive volume. The 5dEMA crossed the 20dEMA.
RSI is constructive and MACD is positive.
Long – Entry 432.0, Target 453.0, Stop 421.5

Shares closed at a 3-month high above the 5dEMA with a sharp incline in volume. The 5dEMA crossed the 200dEMA.
MACD is positive, while RSI is at an overbought level.
Long – Entry 0.800, Target 0.850 Stop 0.775

Shares closed above the 20dEMA with an incline in volume. The 5dEMA is about to cross the 20dEMA.
RSI is constructive and MACD is positive.
Long – Entry 98.8, Target 104.0, Stop 96.2

Shares closed above the 50dEMA with a jump in volume. The 5dEMA crossed the 20dEMA.
RSI is constructive and MACD is positive.
Long – Entry 7.96, Target 8.54, Stop 7.67

CrowdStrike Holdings Inc (CRWD)

2Q24 Revenue: $731.6M, +36.7% YoY, beat estimates by $7.21M.
2Q24 Non-GAAP EPS: -$0.74, beat estimates by $0.18.
3Q24 Guidance: Expect to earn 74 cents per share on an adjusted basis, with revenue between $775.4M and $778M. Analysts were expecting the company to earn 60 cents per share, excluding one-time items, on $774.14M in revenue. FY24 guidance: raised the low-end of its full-year revenue guidance, as it now expects sales to be between $3.03B and $3.04B, up from a prior range of $3B to $3.04B. Full-year earnings are forecast to be between $2.80 and $2.84 per share, above the $2.39 per share estimate.
Comment: CrowdStrike Holdings has increased its full-year financial outlook and predicted higher revenues and profits for the third quarter, citing increased demand for its integrated cybersecurity solutions amid rising digital threats. The company’s subscription revenue saw a 36.3% YoY increase to $689.97mn and its professional services revenue rose 45.7% YoY to $41.65mn. As cyber crime and high-profile hacks continue to grow, businesses and governments are seeking comprehensive cybersecurity services to mitigate and resolve risks. 3Q24 recommended trading range: $145 to $170. Positive Outlook.

CrowdStrike (CRWD)

24财年第二季营收：7.316亿美元, 同比增幅36.7%，超预期721万美元
24财年第二季Non-GAAP每股亏损：0.74美元，超预期0.18美元
24财年第三季指引：预计调整后每股收益为74美分，营收在7.754亿美元至7.78亿美元之间。分析师此前预计，不计一次性项目，该公司营收为7.7414亿美元，每股盈利60美分。24财年指引:调高了全年营收指引的低端，目前预计销售额将在30.3亿美元至30.4亿美元之间，高于此前预期的30亿美元至30.4亿美元。全年收益预计在每股2.80美元至2.84美元之间，高于每股2.39美元的预期。
短评：公司上调了其全年财务预期，并预计第三季度的收入和利润将会增加，原因是随着数字威胁的增加，对其综合网络安全解决方案的需求将会增加。该公司的订阅收入同比增长36.3%至6.8997亿美元，其专业服务收入同比增长45.7%至4165万美元。随着网络犯罪和高调黑客攻击的持续增长，企业和政府正在寻求全面的网络安全服务，以减轻和解决风险。24财年第三季度建议交易区间：145美元至170美元。积极前景。

Salesforce Inc (CRM)

2Q24 Revenue: $8.6B,+11.4% YoY, beat estimates by $70M.
2Q24 Non-GAAP EPS: $2.12, beat estimates by $0.24.
3Q24 Guidance: Revenue Guidance of $8.70B to $8.72B vs. consensus of $8.66B, up ~11% YoY. FY24 Guidance: Raises FY24 Revenue Guidance to $34.7B to $34.8B vs. consensus of $34.65B, up ~11% YoY. Raises Full Year FY24 GAAP Operating Margin Guidance to ~13.3%, Non-GAAP Operating Margin Guidance to ~30.0% and Operating Cash Flow Growth Guidance to 22% to 23% YoY.
Comment: Salesforce has raised its annual revenue forecast and predicted strong quarterly sales, driven by increased demand for its cloud and business software solutions and a recent price hike. The positive results signal a potential recovery in technology spending for 2H23, in line with earnings reports from other major cloud players like Amazon and Google. Salesforce has been incorporating artificial intelligence into its offerings, including the integration of AI into Slack and launching a generative AI product called Einstein GPT. The company’s CEO stated that they are leading customers into the new AI era. Despite slight headwinds, the company is expected to benefit from both AI investment and recent price hikes in the second half of the year. 3Q24 recommended trading range: $220 to $250. Positive Outlook.

赛富时 (CRM)

24财年第二季营收：86.0亿美元, 同比增幅11.4%，超预期7,000万美元
24财年第二季Non-GAAP每股盈利：2.12美元，超预期0.24美元
24财年第三季指引：营收指引为8.7亿至87.2亿美元，预期为86.6亿美元，同比增长约11%。24财年指引：将24财年营收指引上调至347亿美元至348亿美元，而市场预期为346.5亿美元，同比增长约11%。将全年GAAP营业利润率指引上调至13.3%，Non-GAAP营业利润率指引上调至30.0%，营业现金流同比增长指引上调至22%至23%。
短评：公司上调了年度营收预期，并预计季度销售额将强劲增长，这主要受其云计算和商业软件解决方案需求增加以及最近价格上涨的推动。积极的结果表明，下半年技术支出可能会复苏，与亚马逊和谷歌等其他主要云计算公司的收益报告一致。公司一直在将人工智能融入其产品中，包括将人工智能集成到Slack中，并推出了一款名为Einstein GPT的生成式人工智能产品。该公司首席执行官表示，他们正在引领客户进入新的人工智能时代。尽管有一些不利因素，但该公司预计将在下半年受益于人工智能投资和最近的价格上涨。24财年第三季度建议交易区间：220美元至250美元。积极前景。