$MSTR sub $200 before $1000+?

Jan 8

MSTR looks pretty bearish here. We're trading under a key support and it looks like it wants lower. I think if the next candle turns red, then we're likely to see a large selloff all the way down to the lower supports.

If we can make it back up above this support level at $363, and close above it, it would be a trigger long. Then I think we're likely to see a large run all the way up to the upper resistances to 1000+.

Let's see how the price action unfolds here.

Jan 9

Note

Red candle...

Jan 17

Note

Still not bullish. We're now at resistance again $395. Unless price can flip this level, I wouldn't chase here. Still think the same scenario will play out, lower before higher.

Jan 17

Note

Welp ended up closing above it... so likely more upside now. Will monitor next week.

Jan 27

Note

Leaning towards the pivot on Feb 7th as the trigger to take the put position.

Feb 7

Note

Let's see if we turn down today and continue towards the lower resistances

Feb 7

Note

Bought a 200P for 3/21 just incase

Feb 12

Note

Added more here.

Feb 27

Note

Added $200P for 3/7

Apr 21

Trade active

Bought $140P for 5/2 at $.24