MSTR MicroStrategy Caution Head and Shoulder Seen.
MicroStrategy has potentially printed a Head and Shoulder's Pattern.
Switching to a Simple Line Chart reveals the Pattern. However the patterns are not always correct at 75% Probability. So there is an option for Invalidation and a Reversal.
The Chart Study should be self explanatory.
You can also drag the chart to see higher FIB Levels.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Switching to a Simple Line Chart reveals the Pattern. However the patterns are not always correct at 75% Probability. So there is an option for Invalidation and a Reversal.
The Chart Study should be self explanatory.
You can also drag the chart to see higher FIB Levels.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Comment:
Buying at $1200
Comment:
MicroStrategy Shares Drop After Q1 Results Miss.
Could hit $990 Level of the Head Down Projection.
Rather wait before Entering or Topping Up.
Could hit $990 Level of the Head Down Projection.
Rather wait before Entering or Topping Up.
Keeping a close watch.