Long

MSTR: Bottoming action to prepare swing trades

MSTR would benefit from a stock split. It is pricey for today's market conditions. It is showing improvement in its trend. The resistance above the high range is short-term and moderate. This would more likely be a swing style trade based on the runs and trend. There was a Dark Pool buy zone over the formation of the bottom. This can be a precursor for upside momentum. Because of the current price range, it has room to run with momentum, however Risk Analysis is a factor.

MarthaStokesCMT-TechniTrader

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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