CrowdStrike, Palo Alto hit records after Black Hat cyber conference illuminates rising AI threat
CrowdStrike and Palo Alto have reached all-time highs following news of increased demand for AI-based cybersecurity tools after the annual Black Hat conference.
Following the security conference, I considered entering due to the positive news of increased demand for AI-based cybersecurity, along with a recent 7-day volatility of +19.5%, an RSI(14) of 62.2, and a confirmed upward alignment of moving averages. However, it is important to note that the trading volume is somewhat limited at 0.70 times the 20-day average.
If the conditions are met, I will take profits at the target price of $219.35, and if the support conditions break down, I will cut losses at the stop-loss price of $174.14. These take profit/stop loss reference values are derived from the REPORTING calculations.
The RSI(14) is at 62.2, indicating upward pressure in the neutral zone between overbought and oversold conditions, while the moving averages remain in a bullish alignment. The trading volume is at 0.70 times the 20-day average, and the recent 7-day volatility has recorded +19.5%.
In the historical data for this stock, a volatility pattern was observed with +19.2% on 2026-07-29, +13.2% on 2026-07-26, +13.2% on 2026-07-24, +10.4% on 2026-07-23, and -1.0% on 2026-07-22. Additionally, past success cases such as VEEE (451.7%), LRCX (346.8%), and AMD (333.8%) serve as reference cases for top performance in the region, despite lacking direct similarities.
I entered based on the conference news, a short-term volatility of +19.5%, aligned moving averages, and an RSI(14) of 62.2, but the actual result was a FAILED judgment, recording a -10.8% return. It is disappointing that I did not adequately heed the low trading volume, which was only 0.70 times the 20-day average, and focused solely on the news momentum.
In the future, we will enhance our criteria by more rigorously filtering not only positive news and aligned moving averages but also trading volume indicators (whether they fall short of the 20-day average) to confirm the actual supply and demand support for the trend before entering.