MSTR Trading Plan - Bounce then new lows to key year 2000 level

3月16日

MSTR has a lot going on. I think we're going to see the chart build structure in this low volume top and ultimately retrace to important levels made in the year 2000. Specifically, $177.

The $177 Price level has so many points of confluence it boggles the mind:

• $177 is the exact 61.8 retraca from the 2023 low of $13
  
• $177 is the very strong resistance we saw in the first half of 2024
  
• $177 is a key level from way back in the year 2000 (yes, MSTR was this high. In fact it hit a high of $336 way back then)
  
• $177 is also where the current lower trendline (log chart) and the 61.8 and the lower trendlien of the current wedge intersect.
  

What do you think?

3月16日

交易進行

Here is a monthly chart showing key levels from year 2000