MicroStrategy
Long

$MSTR appears to have broken the downtrend

320
Still not 100% confirmed yet.

Price action dipped into the gap, although i would have liked to of seen a bit more time ~$275 to confirm

That would have shown a strong bounce off the .618 Fib as well, so I’m still bit skeptical.

It is very good that MSTR had a full 50% retracement tho from this move up.

I’m expecting it to range sideways at least for a few more days to confirm.

Volume has flipped bullish to suggest a trend reversal.

RSI fully reset to beginning of move.

Price closed above the EMA 9 & 21.
EMA 9 still has not crossed 21, so more hesitation.

Bulls need to step up BIG here for the Weekly Close.

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