Can MSTR stay in the this rising channel for another six weeks? It would seem unlikely, but so was their stock price rising 507% in the past year. I guess 200% from here is possible, especially if Bitcoin performs as predicted and hits 100K this year. We shall see.
Note
Trade is active. Price firmly in the channel. Possible advancement with bitcoin to the top of the channel 290-300 then retrace back testing support at 1.618 fib.
Trade active
The price is clinging for dear life itself to the 1.618 fib.
Note
All kinds of volatility as expected and where are we now? Right in the middle of our channel. That's where. Next stop 349...2.618 fib
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.