MSTR starter long off low 370s

Dec 5

major confluences at this level include:

- top of daily uptrend channel from september
- several large clusters of institutional prints from late november which will need to be tested
- 1hr 325 SMA
- 1hr liquidity zone

will be grabbing shares only at 33% allocation. if price fails this region will add another 33% at low 350s which is the middle of that channel and #13 ranked institutional print since inception. final 33% will be added at low 340s which is a strong local low and the #2 ranked institutional print of all time for MSTR.

Dec 6

Trade active

part of trading is about patiently waiting for a setup to validate. most retail traders will never fully understand that institutional prints are what drive directional bias. not news, not option flow, not indicators. price. TA is a very small piece of the puzzle. our goal is to follow what smart money is doing first and then begin to formulate a bias. since posting this setup MSTR has added #22 #28, #35, #60, #92, #93 #98 and #99 largest prints of all time, many of which were through dark pool. why this matters? because the majority of these prints have now taken place in the larger of the hourly liquidity zone between 384-397. these clusters often give us clues that institutional demand is growing and supporting price in this region. this doesn't mean stop hunts, shakeouts, and liquidity events can't occur, but the longer we chop around in this zone the less likely it is that price may visit low 370s. the hourly 325 SMA is now stacked directly on top of that channel and trending closer to 375. will now be looking to take a starter closer that level and adjust allocation from 33% to 50% in order to gain exposure and participate in the higher timeframe trend. until then i'll continue to observe price and update the post accordingly.