MicroStrategy
Updated

MSTR heads up at $357: Double Fib that may be Strong Resistance

221
MSTR getting a nice boost from the Bitcoin surges.
Nearing a Double Fib that may be strong resistance.
Look for clean Rejection or Break-n-Retest for entry.


Trade active
Dip and POP
snapshot
(yellow shaded area is from posting time)

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Taking a closer look with some notes:
snapshot
First rejected from our zone with a PING on our zone.
Then we got a perfect PING bounce for Entry just above $334.42
Next we got a nice run and then dip for a PING retest at $357.33.
Closed 75% of position at Double Top into $400 round.

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Leaving a trailing stop on the remaining position.
Expecting a pullback from $400, let's see how deep.

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