dpuleo19

Will $MSTR finally become a market leader?

NASDAQ:MSTR   MicroStrategy
The leader of the industry right now is MDB , but those not have any exposure to the #crypto market.

MicroStrategy provides enterprise-ready analytics, mobility and security software platforms for various industries.

Historically, MSTR has outperformed BITQ , I chose this ETF as a proxy of its peers as is better balanced than $AMEX:CRPT.

Since the beginning of the year, the stock its been in a bottoming process as the volatility continues to decline. And its relative strength line is in a trading range.

Recently, they announced a new multi-year partnership with MSFT that will integrate MicroStrategy’s advanced analytics capabilities with Azure OpenAI Service.

Maybe this added to the volatlity contraction can help the price to breakout above $350 and start trending higher.

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