MSTR pre-market gapper signals we are primed for some massive volatility next week. MSTR acts as the defacto #bitcoin index fund for US investors. 3/4 of pre-market gappers have been shown to trade in the previous days range within 24 hours. The scary part is nearly all gap are closed long-term, when we scale out to long enough timeframes, and we still have a nasty little fellow hiding down under $200 for $MSTR. The good news short-term is that the larger gap is from Friday's session, and it's massive. This amount of liquidity is going to be hard to pass-up for the big boys out there making the markets. They'll want their funds back sooner than later! Careful with your shorts this weekend!!! 10-12% feels nasty, but getting hit both on the way up and down can break you, without a doubt. Mind the gap! 💥 We could see a quick fakeout to recover the liquidity on the table, only to retrace strongly back to the downside to reclaim what was left on the table in the weeks past... watch those lines!The alignment with the Aug 30 accumulation fann doesn't help the bullish case either. Careful to not catch the falling knife without gloves. Set your stop limits and take profits if you're in the green! This is no time to get greedy.
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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.