$MicroStrategy (MSTR.US)$ mnav moved in an upward direction ...
$MicroStrategy (MSTR.US)$mnav moved in an upward direction from 1.7x to 1.91x yesterday . Whenever mnav goes up, mstr is always ripping. When mnav is going down, usually means mstr is also declining. An mnav norm of 2.3 to 2.5x will confirm the bulls are back and see an upside of 20 to 25% for mstr price even with bitcoin price staying constant.
I believe mstr is now hugely oversold and due for a violent move up in the coming weeks. Hang tight!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
HMS Victorious
:
I agree! We’re at the bottom of the channel price and relative strength indicator wise. Also Microstrategy should be entering a blackout period this month. Up only
stock sniperr
OPRiskGame
:
Not really. There were a couple of fake breakouts in December. The giveaway they were fake was because the mnav stayed the same even as price was going up.
HMS Victorious : I agree! We’re at the bottom of the channel price and relative strength indicator wise. Also Microstrategy should be entering a blackout period this month. Up only
RiskGame : It is the other round. Price leads mnav. Most impt is price action
Restoration : Lmao. Using a backward-looking indicator
stock sniperr OP HMS Victorious : The only way is up
stock sniperr OP RiskGame : Not really. There were a couple of fake breakouts in December. The giveaway they were fake was because the mnav stayed the same even as price was going up.
stock sniperr OP Restoration : It's a good indicator whether it is a genuine bull or just a trap