4MSTR trade ideas
Dow drops 1,175 points :( #17 MSTR)I think I does not need to do a four sheets report with a fancy technical analysis to explain my idea or to identify where the price is going.
But some words are enough: look the red arrows above the past support and the broke of the counter trend line.
$MSTR. Likely to go up into earningsNo position in $MSTR.There is a positive divergence pattern happening since
the last crash (28 August 2017). I predict this stock to increase into earnings and also during earnings (provided there is an earningsbeat/upbeat guidance).
Resistance is seen at $141.65. Although there is a large gap to fill, which may be a positive moving forward.The downside risk seems to be high, as the next support level is at $108 and then $101.5.
