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0xBrown

$600.00K

Dec 20

$MSTR ANALYSIS (FWIW)
As everyone might know, Microstrategy is a beast of its own with $BTC as the primary driver. But, for those looking for my outlook based on the chart, here you go: • Sharp Rise and Pullback: MicroStrategy’s stock had a big spike, hitting around 500, but then dropped back sharply. This might mean the hype peaked, and people started taking profits. • Weakened Momentum: After falling to the 300-350 range, the stock hasn’t rebounded strongly. This could mean buyers have cooled off. • Support Zone: The 300-350 level might act as a safety net where buyers step in. If it holds, the price could stabilize or bounce back. If it falls below this, it might drop further. • Lower Highs = Possible Downtrend: If each recovery attempt stays below the last peak, it could signal a downtrend or some sideways action for now. There you go. If you appreciate this, follow and like 😅. Holding a Call and CSP as I think we’re bouncing a bit tomorrow.
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Comments (4)
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Dec 20
I like it. You wanna do one for RXRX? I want to keep the faith but now I’m wondering if it wasn’t just a classic pump and dump 😢
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I traded CSPs today, but couldn’t convince myself to even hold the $280 CSP for next week I wrote. No confidence people will let them keep trading at 1.5-2x their bitcoin valuation. Might reopen tomorrow and hold through next week. I almost got wrecked on the $300 I wrote yesterday but fortunately closed at 50% instead of waiting for 66% like I usually do. Typically if I can get 50% premium next day I’ll close assuming it shouldn’t move that hard in 1 day.
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Dec 20
mstr got shorted by Citron Research after the peak you're seeing, it tried to keep going up but now with feds also lowering next year's cuts it's down with most of the rest of the market cut back about a month or more of upward progression
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Dec 20
I’m short term bearish on it but long term bullish. There is a gap to fill at just under 280 and a fib target at 224 below that. With that being said, it gets added to the Nasdaq 100 on Monday so tomorrow could see larger than normal buying since it’s the last day.
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