MSTR - Is Saylor about to go sailing again?! 58% upsideNASDAQ:MSTR
Is Saylor about to go sailing again?!
Breakout-Retest-Higher! 👏
🎯$450🎯$543🎯$610
Not financial advice
Mstrforecast
MSTR back to the $400s | 7:1 RatioNASDAQ:MSTR has formed an inverse head and shoulders pattern on the 1-hour chart. Given that moves like this often depend on CRYPTOCAP:BTC 's price action, it's something to keep an eye on.
However, with NASDAQ: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.
Market Close Update: MSTR Long PlayMSTR had a strong bounce off the $300 Price Levels of Support in it's last trading session, with it contiinuing to push higher going into the Pre-Market Session/Intraday Session, gaining another $29.24/share by Market Close at $379.09. A total of $33+ at it's Intraday High. $378.40 was a previous Level of Support so really interested to see how it reacts to those levels going into to Tomorrow's Market Open. Looking to see if that previous support turns into resistance, providing another opportunity to buy-in on a potential buy-in around the $349.99 Levels. With Bitcoin is back above $100K, sitting at $102,054 but potentially retesting $100K again, could also encourage another opportunity to get in on MSTR. Buy Limit set with a Stop Loss of $347.38 on this trade and a Price Target of $415.68.
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It’s Not Over Yet for $MSTR: New highs in Q1Looking at MicroStrategy NASDAQ:MSTR
I’m watching the $320-$330 range for a potential buy opportunity. This zone represents key support, and I believe it could be an ideal entry point for a potential bounce if it holds.
If that price zone fails to hold, I will be potentially looking to add below $300 to fill the gap.
$MSTR Analysis... Possible Scenario!This could be usable... I guess!😊
If we consider the length of wave A in calculating the end of wave C, we can establish a relationship between them, justifying the end of wave C. In this scenario, the current retracement is expected to continue to the $338 level, representing 61.8% of wave A!
Let's see how it goes!... Cheers
NASDAQ:MSTR #MSTR
$MSTR... Important LevelWe're getting closer to an important level...
The question, is it going to be the end of the current bull run!!! Or it will continue to a bigger target ($639)!
But first, let's watch the trading behavior around $435.60!!! 😊
NASDAQ:MSTR #MSTR
Cheers
MicroStrategy Inc. $MSTR Analysis & Possible TargetsIn my opinion, we're getting close to the equality target (A=C, $236).
If it continues then next possible target= $312
Let's see how it goes!
NASDAQ:MSTR #MSTR
