CoreWeave stock breaks out on AI demand, eyeing key resistance at $153.20 ahead of Q1 earnings.

CoreWeave (CRWV) stock has broken out above its downtrend line, signaling a bullish reversal driven by strong AI demand and key technical support levels. The stock established a higher low at $103.05, supported by the 20-day moving average and Fibonacci retracement, and reached a five-week high of $129.97. This breakout is reinforced by bullish patterns like a bull flag and double bottom, suggesting potential upside toward the next resistance at $153.20. Investors are closely watching the upcoming Q1 2026 earnings report on May 7 for confirmation of continued momentum.