MSTR (Strategy) coming up to $395, the smaller resistance level

4 Mei

MSTR has rebounded from the bottom fairly fast compared to other stocks and indexes. It's even performed better than Bitcoin itself. However it should be hitting heavy resistance now near 395-400 and above is only heavier resistance. It's time for a pullback and a breather for MSTR. Target is the Point of Control near $350, before going higher. However we could turn bullish again before reaching $350

I personally know someone who played with fire by buying MSTR options calls while it was dropping before, meaning he was trying to catch a falling knife and got burnt finally. He lost nearly $500,000 because of it. So I don't mess with options personally, however I will margin trade with stocks and trade futures, forex and leverage trade cryptocurrencies.

9 jam lalu

Dagangan ditutup secara manual

If you are short on this you should close as soon as possible. Cut losses quick let winners run, luckily with btc, xmr and eth longs im trailing stops up from a week ago tho technically this trade is a loss, overall thats fine, I dont aim to win every trade.