Trade Opportunity Case Study of the Week: CRWV Range Breakout – | June, 2025

The Trade Opportunity

The purpose of this weekly article is to analyze the top trading opportunity of the past week. This is to improve our identification and execution of high quality trade ideas that meet our setup requirements.

Each article will focus on a stock that meets one of three of the main categories of setups I trade:

• Range Breakout / VCP / tight area breakout
• Pullback to Support/ Key moving average
• Gapper / Post Gap Setup

These articles are like taking a step into the batting cage and loading up a historical at bat from an Ace pitcher in the world series – they will help you prepare and execute in future situations by studying important moments from the past.

The setups we cover will appear again and again in each market cycle

So far we have covered these case studies:
Previous article covering the BE Day 1 Gapper Setup
Previous article covering the AI Day 3 Gapper Setup
Previous article covering the DOCS Post Gap Range Breakout Setup
Previous article covering the ALAB Range Breakout Setup
Previous article covering the NVCR Range Breakout Setup
Previous Article on QMCO Range Breakouts
Previous Article on CRNC Episodic Pivot
Previous Article on VST 10 EMA Pullback
Previous Article on HIMS Range Breakout
Previous Article on TEM Opening Range Breakout
Previous Article on U Gapper Day 1 Setup
Previous Article on Okta Earnings Gapper
Previous Article on QBTS Catalyst Gapper
Previous Article on CELH Inside Day Breakout
Previous Article on SQQQ Oops Reversal

Previous Article on the CRWD Oops Reversal
Previous Article on the TTAN Range Breakout
Previous Article on the PLTR 21ema Pullback
Previous Article on HIMS Post Gap Range Breakout

I also have the following Educational Articles which expand more on Setups/Entry Tactics. I will be doing one on the positive expectation breaker entry tactic soon.
Oops Reversal Entry Tactic

Please let me know in the comments what other topics you would like me to write about.

This past week we continued to chop sideways, but there were opportunities in individual names

Here are a few names worth studying from the past week

CRCL range breakout. Very fast mover and in theme

AAOI range breakout

TSSI positive expectation breaker

COIN range breakout after 21ema reclaim

Today however we will be focusing on CRWV which had a 10ema range breakout and was up 20% from the entry point. This setup was featured in the trade lab reports.

Discovery

How would you get CRWV on your radar?

CRWV should be one of the go to stocks to track this market cycle given it’s high momentum move, being part of the AI theme, and being a recent IPO

CRWV has also been featured at multiple setups during this move including before this entry. Here is the setup from the day before it broke out.

Once you’ve identified the setup, it’s down to the execution.

Setup and Execution

For range breakouts I will typically look at a 65 minute timeframe to look for slight lower pivots. This allows me to manage risk tighter as my stop will be at the low of the day.

Here was the 65 minute chart of CRWV. Note how there was a range level that has been set that was slightly lower.

On the best day of entry CRWV shook out off the open, something that has been happening a lot recently before u turning and pushing higher.

The first aggressive entry would have been up through the prior 65 minute bar’s low on an upside reversal entry tactic with a stop at the low of the day around 2%. This also lined up with a reclaim of the daily VWAP.

The next entry would have been on the break of the range pivot with a stop LOD around 4.5%

Here is a 5 minute chart of the opening action:

Note the U turn entry opportunity and the other 2 potential entries as higher lows formed.

On a daily chart here is what the rest of the action looked like. We closed strong that first day above the pivots and then crucially, followed through the next day and even broke out of the High tight flag consolidation.

Then we formed a constructive tight day and then reconfirmed further.

At this point the expectation is continued trend above the 10ema. That moving average is now above the cost basis from the entry and swing traders would have sold some into strength either on Day 2 or on the reconfirmation Friday and would now be trailing the rest of their position waiting for a negative close below the 10ema which is the moving average of record.

CRWV has strong momentum and theme behind it. There will be large down days and reversals but for now it continues to trend.

The trend will likely end with a blow off top or a failed breakout from a consolidation. Once it tops it will likely drop hard potentially 30% in a few days so know your plan and exit points if trading.