Technical analysis by MrWhale about Symbol MSTRX on 2/2/2024
https://sahmeto.com/message/3720485

MrWhale
Rank: 6021
Analytical Power:
1.6
microstrategies
Neutral
Price at Publish Time:
$50.01

The weekly apex is not until ~June (Q2) of this year. The entire structure is being held by a weekly uptrend marked back in October 2023. Although current price is being held by a weekly support at $460, the uptrend is what important here. Breaking below the uptrend will result in a drop the following tested supports at $304-$360 A break OUT of the apex will result in a move up to the tested resistance at $711, then $785 if $711 breaks. considering $711 has already been tested there is a chance that it will likely reject hard at $785.
Source Message: TradingView