How To Trade (MSTR)

February 22, 2024, 03:00 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MSTR

• Buy MSTR slightly over 581.18 target 691.94 stop loss @ 579.5 Details

The technical summary data tells us to buy MSTR near 581.18 with an upside target of 691.94. This data also tells us to set a stop loss @ 579.5 to protect against excessive loss in case the stock begins to move against the trade. 581.18 is the first level of support below 672.8 , and by rule, any test of support is a buy signal. In this case, support 581.18 is being tested, a buy signal would exist.

• Short MSTR slightly under 691.94, target 581.18, stop loss @ 693.94 Details

The technical summary data is suggesting a short of MSTR as it gets near 691.94 with a downside target of 581.18. We should have a stop loss in place at 693.94though. 691.94 is the first level of resistance above 672.8, and by rule, any test of resistance is a short signal. In this case, if resistance 691.94 is being tested, a short signal would exist.

Swing Trading Plans for MSTR

• Buy MSTR slightly over 691.94, target 710.69, Stop Loss @ 689.94 Details

If 691.94 begins to break higher, the technical summary data tells us to buy MSTR just slightly over 691.94, with an upside target of 710.69. The data also tells us to set a stop loss @ 689.94 in case the stock turns against the trade. 691.94 is the first level of resistance above 672.8, and by rule, any break above resistance is a buy signal. In this case, 691.94, 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 691.94, target 581.18, Stop Loss @ 693.94. Details

The technical summary data is suggesting a short of MSTR if it tests 691.94 with a downside target of 581.18. We should have a stop loss in place at 693.94 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, 691.94, 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 676.36, target 691.94, Stop Loss @ 674.78 Details

If 676.36 begins to break higher, the technical summary data tells us to buy MSTR just slightly over 676.36, with an upside target of 691.94. The data also tells us to set a stop loss @ 674.78 in case the stock turns against the trade. 676.36 is the first level of resistance above 672.8, and by rule, any break above resistance is a buy signal. In this case, 676.36, 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 676.36, target 646.16, Stop Loss @ 677.94. Details

The technical summary data is suggesting a short of MSTR if it tests 676.36 with a downside target of 646.16. We should have a stop loss in place at 677.94 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, 676.36, 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 February 22:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	482.1
P2	646.16	710.69	581.18
P3	676.36	835.64	691.94

AI Generated Signals for MSTR

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This report provides trading strategies for Microstrategy Incorporated (NASDAQ: MSTR) while incorporating risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for MSTR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if MSTR is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for MSTR too.  All of these are offered below the Summary Table.