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Mstrsignals

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. Follow us to stay tuned for even more at MyMI Wallet! @MyMIWallet #MyMIWallet
NASDAQ:MSTRLong
by MyMIWallet
MICROSTRATEGY Top of the Channel. Time for a shortterm pullback?MicroStrategy Inc. (MSTR) has been trading inside a logarithmic Channel Up on the 1D time-frame since the December 30 2022 bottom. The price is currently at the very top (Higher Highs trend-line) of the pattern and that is a technical bearish signal on its own. It gets increasingly relevant though if we consider the 1D RSI which is overbought and at its highest level since November 13 2023 and more importantly, the remarkable symmetry among the phases of the Channel Up. As you ca see the price action from the October 04 2023 Higher Low until today is very similar with the price action from the December 30 2022 bottom until (so far) the April 14 2023 High. Both started on a +136.17% rise then -40% correction and a Channel Up rebound for a new Higher High. The symmetry is evident among the 1D RSI sequences as well. If this continues to hold, we should be expecting a -22.88% pull-back followed by a +77.48% rally that will break above the long-term Channel Up, which would inevitably do at some point since the stock price is so positively correlated to Bitcoin's price. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:MSTR
by TradingShot
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