AwesomeAvani

MSTR oversold for a long trade

شراء
AwesomeAvani تم تحديثه   
BATS:MSTR   MicroStrategy
MSTR is now oversold but has a great earnings beat and the cryptomarkets surging to support

a bullish idea. The 15 minteu chart shows price sitting on support of the POC line of the

immediate volume profile. With confluence, it is above a fully horizontal lower VWAP line

that has no slope. Support and resistance horizontal zones are drawn in for reference purposes.

I will close my short position of the past day and switch sides here. The RSI indicator gives

reassurance as it has pivoted up from the bottom, especially the faster green line. Selling

volatility declared the bottom in the immediate term at the same time the relative volume

indicator printed a selling volume spiking black bar both immediately before the regular

market closed.
تم فتح الصفقة:
Three-minute zoomed chart showing the triple bottom in the after-hours demonstrative of the support zone underlying the bottoms.

تم فتح الصفقة:
Update fr th3 20% two day return from the idea- MFI and RSI are not topped
out and are abou t th 30 level so I think there is a bias for bullish continuation.

تعليق:
MSTR continues to rise despite Bitcoin slowing down
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