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BallaJi
Jul 4, 2023 11:12 AM

#MSTR Cup and Handle 

MicroStrategy IncorporatedNASDAQ

Description

Big upside target on a logarithmic scale

Seems like #WallST #FOMO is occuring


#MichaelSaylor's Big Long may well go down in history.

Trade active

Linear target hit
Congrats Mike

Trade active

Ripping towards $908

Trade closed: target reached

Took 8 months
This trade pattern is done
did a 2.55X
Comments
aleksejmogilnikov2933
what are your thoughts on the trade now?
BallaJi
@aleksejmogilnikov2933, wow ..
I haven't looked at MSTR since that Dec update. HMMM
just off the bat ... it's lost it's narrative as a way to play #BTC , through it's bTC holdings on the nasdaq ,
since the BTC ETF launches right....

the question is now
can it continue to be a leverage BETA / cult of personality, play on Bitcoin
& can that be enough for MSTR to recover and go on to meet that secondary technical target.

It's why I like to give a multiple targets.. on a setup ... so I can manage the risk once I'm up on a idea.
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