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.
Nota
Looks to be Recovering in the FIB 0.5 - 0.38 Area. Keeping a close watch.
Nota
Buying at $1200Nota
MicroStrategy Shares Drop After Q1 Results Miss.Could hit $990 Level of the Head Down Projection.
Rather wait before Entering or Topping Up.
Nota
Conviction is Working.Nota
Added to position @ $1100.Next Target $1950
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.