MicroStrategyLong
MSTR Long
-Daily is Testing the Daily 20 and 50 ema area
-Daily is in a clear up trend making HH / HL
-MSTR is highly correlated with BTC and Crypto in general which is currently in an uptrend as well
-Entry came at the break of the 1h wedge
-The wedge pattern could also be taken as a flag which is a reversal pattern (in this case going long)
-MACD
-Price is testing a good support level which once was a major resistance level at 290
-Expiration for 5/19 looking to take this to the upside
-Daily is in a clear up trend making HH / HL
-MSTR is highly correlated with BTC and Crypto in general which is currently in an uptrend as well
-Entry came at the break of the 1h wedge
-The wedge pattern could also be taken as a flag which is a reversal pattern (in this case going long)
-MACD
-Price is testing a good support level which once was a major resistance level at 290
-Expiration for 5/19 looking to take this to the upside
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