After a correction and a consolidation materialised by the range, MicroStrategy will return to a bullish status ?
My idea is the following : - Technically, we have break the most important Fibonnacci's value : 61.8% - Fundamentally, all economic figures are in green (inflation decreases, rates too).
That's why I will trade this stocks by waiting the pull-back on 61.8% with the following inputs : - SL just below 50% - TP #1 is 100% of Fibonnacci movement. - TP #2 is the all time high
This is a short-term trade as a swing position - not an investment idea.
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.