Trade idea: $MSTZ 2X inverse #MSTR

601
These measured moves are determined from the #cupandhandle pattern.

There is also a inverse head and shoulders pattern within the CUP section, giving further credence that we shall this pattern perform to target.

And thus see further weakness with #Saylor's #Bitcoin investment vehicle.

What goes up must come down.

The current BTC nav sits at $65,827

The premium is leaking out with the mNav at 1.34 likely to test parity

Note
#MSTR
#SAYLOR
#BTC
is falling apart
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Trade active
Both Targets were hit obv
But this trade may still have legs
as it seeks to trade in the band of resistance - most likely.

#MSTR
#BTC
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Trade closed: target reached
Closing this trade idea out.
we do have a final flush down target for MSTR at $146.42

But if we get to January and BTC has stabilised and the small caps start pumping it could spill over into crypto space.

The 4 year boogeyman fear will significantly fade away.
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Note
Just putting this inverse head and shoulders out there..

Wow :o

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Note

#mstz leveraged vehicles are tricky vehicles.... #mstr

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