Today MicroStrategy formed a beautiful daily chart bottoming tail on extreme volume.
Its truly a picture perfect reversal signal.
This reversal came on the back of BTC being very weak and still down 5% at market close.
Michael Saylor announced an addition of a 130BTC purchase, but also has set aside a billion dollar expense fund if he needed to sell some BTC.
The likely hood of MSTR having to sell BTC is very unlikely.
We traded MSTR today for a lovely gain. Riding 180 calls to the upside.
Its truly a picture perfect reversal signal.
This reversal came on the back of BTC being very weak and still down 5% at market close.
Michael Saylor announced an addition of a 130BTC purchase, but also has set aside a billion dollar expense fund if he needed to sell some BTC.
The likely hood of MSTR having to sell BTC is very unlikely.
We traded MSTR today for a lovely gain. Riding 180 calls to the upside.
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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.
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.