MSTR Descending Channel + Support Test

2024年11月26日

MSTR has been trending down since late last week, but is now coming into an important area of support around $370. There's good potential for bulls to hold here which should lead to a breakout above the channel and a move back up towards $490-$500. If it can't hold $370, that's not great but it would still have potential trendline support below along with previous consolidation from earlier in the month.

Bullish for now IMO, but not so much if it breaks below $370. Watching for a trend break in either direction.

2024年11月29日

交易开始

Near perfect bounce on the lower end of the channel which led to a move back above $371.85. Now we have a breakout above the upper end of the channel. Lots of momentum, next target is $450, which is near a previous gap and a recent high.