A short and simple short idea for MSTR: We wait for the price to touch the gap without closing it. The recent interim highs, where sell-offs occurred, allow us to set a tight stop. We then expect prices to fall significantly into the range of the take profit shown.
Trade active
Price hit entry point
Trade closed manually
After a good start, we close the trade at BE. Bitcoin is going parabolic and so will MSTR.
Note
New short attempt. MSTR's upward momentum is slowing down.
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.