MSTR MicroStrategy Caution Head and Shoulder Seen.

hitchcoxg Updated   
BATS:MSTR   MicroStrategy
MicroStrategy has potentially printed a Head and Shoulder's Pattern.

Switching to a Simple Line Chart reveals the Pattern. However the patterns are not always correct at 75% Probability. So there is an option for Invalidation and a Reversal.

The Chart Study should be self explanatory.
You can also drag the chart to see higher FIB Levels.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

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Regards Graham.

Looks to be Recovering in the FIB 0.5 - 0.38 Area.
Keeping a close watch.
Buying at $1200
MicroStrategy Shares Drop After Q1 Results Miss.
Could hit $990 Level of the Head Down Projection.
Rather wait before Entering or Topping Up.
Conviction is Working.
Added to position @ $1100.
Next Target $1950

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