MSTR is in a clear HTF downtrend, trading well below its key moving averages after a failed bounce and fresh selloff. The actionable level is the 114.31 swing low; a break through that low would confirm continuation rather than trying to short into support. Stop goes above the post-gap intraday failure area near 120.40, and target is the next major downside pocket around the prior capitulation zone near 105.
๐ Entry: 114.25
๐ Stop: 120.55
๐ฏ Target: 105.00
โ๏ธ R:R: 1.47
๐ Entry: 114.25
๐ Stop: 120.55
๐ฏ Target: 105.00
โ๏ธ R:R: 1.47
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monk.trade โ Trade setups and market intelligence
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.
