MicroStrategy
Long

MSTR back to the $400s | 7:1 Ratio

203
MSTR has formed an inverse head and shoulders pattern on the 1-hour chart. Given that moves like this often depend on BTC's price action, it's something to keep an eye on.

However, with MSTR having dropped from nearly $500 per share, I believe we are in good value territory. Additionally, this trade offers a 7:1 risk-to-reward ratio if we attempt to front-run the completion of the pattern.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.