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 Elliott Wave technical analysis – Four-hour chart

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$.

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

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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