Trading (MSTR) With Integrated Risk Controls

January 10, 2024, 01:16 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MSTR

• Buy MSTR slightly over 523.96 target 610.54 stop loss @ 522.45 Details

The technical summary data tells us to buy MSTR near 523.96 with an upside target of 610.54. This data also tells us to set a stop loss @ 522.45 to protect against excessive loss in case the stock begins to move against the trade. 523.96 is the first level of support below 577.29 , and by rule, any test of support is a buy signal. In this case, support 523.96 is being tested, a buy signal would exist.

• Short MSTR slightly under 610.54, target 523.96, stop loss @ 612.3 Details

The technical summary data is suggesting a short of MSTR as it gets near 610.54 with a downside target of 523.96. We should have a stop loss in place at 612.3though. 610.54 is the first level of resistance above 577.29, and by rule, any test of resistance is a short signal. In this case, if resistance 610.54 is being tested, a short signal would exist.

Swing Trading Plans for MSTR

• Buy MSTR slightly over 595.22, target 610.54, Stop Loss @ 593.5 Details

If 595.22 begins to break higher, the technical summary data tells us to buy MSTR just slightly over 595.22, with an upside target of 610.54. The data also tells us to set a stop loss @ 593.5 in case the stock turns against the trade. 595.22 is the first level of resistance above 577.29, and by rule, any break above resistance is a buy signal. In this case, 595.22, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MSTR slightly near 595.22, target 523.96, Stop Loss @ 596.94. Details

The technical summary data is suggesting a short of MSTR if it tests 595.22 with a downside target of 523.96. We should have a stop loss in place at 596.94 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 595.22, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MSTR

• Buy MSTR slightly over 595.22, target 604.34, Stop Loss @ 593.83 Details

If 595.22 begins to break higher, the technical summary data tells us to buy MSTR just slightly over 595.22, with an upside target of 604.34. The data also tells us to set a stop loss @ 593.83 in case the stock turns against the trade. 595.22 is the first level of resistance above 577.29, and by rule, any break above resistance is a buy signal. In this case, 595.22, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MSTR slightly near 595.22, target 569.94, Stop Loss @ 596.61. Details

The technical summary data is suggesting a short of MSTR if it tests 595.22 with a downside target of 569.94. We should have a stop loss in place at 596.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 595.22, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Microstrategy Incorporated (MSTR) available here: MSTR.

MSTR Ratings for January 10:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	441.51
P2	569.94	595.22	523.96
P3	604.34	676.8	610.54

AI Generated Signals for MSTR

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