MicroStrategy Inc.(MSTR) Elliott Wave technical analysis [Video]

Cheapest Gadget June 5, 2024 All No Comments

MicroStrategy Inc., ( MSTR) daily chart

MSTR Elliott Wave technical analysis

Function: Trend.

Mode: Impulsive.

Structure: Motive.

Position: Minor wave 1.  

Direction: Top in Minor wave 1.  

Details: Looking for a top in either Minor wave 1 or else Intermediate (5).

MSTR Elliott Wave technical analysis – Daily chart

Welcome to our latest Elliott Wave analysis for MicroStrategy Inc. (MSTR). This analysis provides an in-depth look at MSTR’s price movements using the Elliott Wave Theory, helping traders identify potential opportunities based on current trends and market structure. We will cover insights from both the daily and 4-hour charts to offer a comprehensive perspective on MSTR’s market behavior.

MSTR

MSTR Elliott Wave technical analysis – Four-hour chart

Welcome to our latest Elliott Wave analysis for MicroStrategy Inc. (MSTR). This analysis provides an in-depth look at MSTR’s price movements using the Elliott Wave Theory, helping traders identify potential opportunities based on current trends and market structure. We will cover insights from both the daily and 4-hour charts to offer a comprehensive perspective on MSTR’s market behavior.

Function: Trend.

Mode: Impulsive.

Structure: Motive.

Position: Wave {v} of 5.  

Direction: Upside in wave {v}.

Details: Looking for upside into wave {v}, with confirmation at the break of previous minuette wave (b). Equality of {v} vs. {i} stands at 1940$.  

Chart

MicroStrategy Inc.(MSTR) Elliott Wave technical analysis [Video]


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Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.

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