tacosaurus

MSTR bull wedge - 1000+

Long
NASDAQ:MSTR   MICROSTRATEGY
MSTR's announcement of a convertible note to buy yet more BTC seems to have put pressure on the name - presuably people shorting it while buying the convertible bond. This has formed up with a pretty text book looking bull wedge . This has a day or two to break to the upside - so long as BTC actually holds up, I see this going to 1000 or higher in the next few days.
Trade closed: target reached: I am peeling some off the table here -- but fully expect this continues to run.

Comments

tacosaurus nobodytobe123
@nobodytobe123, this trade concluded feb 19, when it hit 1000; see above pls.
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nobodytobe123 tacosaurus
@tacosaurus, you wrote that you fully expect this continue to run.
Reply
Great chart, right on the Money!
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