Microstragey - It is safe to say Michael Saylor has been public face for Bitcoin bulls recently, which has helped push Micro Strategy stock through the roof.
The above weekly chart has just flashed a warning. A warning that price action is considerably overbought. The overbought condition (green column) has illuminated together with a break of Money Flow Index (MFI) support (bottom oscillator). We can also see sell pressure has increased significantly.
Risk / reward is unacceptable at this moment.
1st target $200
It is possible price action can move higher? Absolutely.
Is it probable? Unlikely.