MSTR would benefit from a stock split. It is pricey for today's market conditions. It is showing improvement in its trend. The resistance above the high range is short-term and moderate. This would more likely be a swing style trade based on the runs and trend. There was a Dark Pool buy zone over the formation of the bottom. This can be a precursor for upside momentum. Because of the current price range, it has room to run with momentum, however Risk Analysis is a factor.
Martha Stokes, CMT
ttrader.im/tv-candlesticks
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/tv-candlesticks
Learn how to use the technical patterns of each market participant for better trade planning.