Strategy Inc

MSTR Wave II bottom?

1 026
MSTR is finally catching a bid from the triple support zone of the Fibonacci golden pocket, S1 pivot and High Volume Node.

It must overcome the daily 200EMA to add confidence to a reversal and wave II bottom being in.

Daily RSI has printed bullish divergence from oversold. Vanguard disclosed massive MSTR holdings ad the sentiment is awful online adding confluence to a bottom soon.

Wave III target is the R5 daily pivot $544, losing the support zone has a downside target of $232

Safe trading

Penafian

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