Potential Support levels are where the green small arrows are:
white L-MLH
red CL
red L-MLH
All tough, I think MSTR Ponzi will dye over the mid term.
white L-MLH
red CL
red L-MLH
All tough, I think MSTR Ponzi will dye over the mid term.
Trade closed manually
The pullback to the CL from the L-MLH has happened.Now it's important to see if price jumps above the CL or not.
Taking partial profits is not false!
For me, this trade is close, since my thoughts are that MSTR will go to zero long term.
Note
If this is the real P5, then we probably see a bigger pullback. Could be as up to the white CL.But if price fails to climb above the green CL, then it has the potential to trade below the white L-MLH.
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Related publications
Disclaimer
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.