$MSTR

MSTR's chart shows a head-and-shoulders pattern with bearish consolidation resembling a bear flag, and it looks like it could head lower; he is short MSTR, though a bounce off the neckline before further decline is roughly a 50/50 risk.

Bearish
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Verified InvestingPublished Oct 23 · 8 passages

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8 passages
6:1541:29

Shorting MSTR. And I believe I'm in. All right. I am short MSTR via their perpetual. So, this is really cool, guys. I know we're looking at crypto comment, but the great thing about Bitfind is you're allowed to trade other assets as this is kind of going against me.

It's all right in it. I'm only down 32 bucks, but for a take profit.

I have a nice head and shoulders pattern. I am out. I am all out of MSTR for a gain.

We got Rick here saying MSTR is going to 155.

What about that head and shoulders pattern? Why did you short it and not go long? But uh there's a nice head and shoulders pattern here. You can't see my chart cuz you're looking at me, but if you were looking at my chart, you'd see a head and shoulders pattern here.

I shorted it here just because I wanted to get in. But the reason why I covered on that neckline is sometimes you see it bounce right before heading lower, right? So it's kind of 50/50.

Sometimes it breaks and falls straight through or bounces, gets a rejection off of that trend line. So, I'm just watching this. So far, no clear break of this, but it does look like bearish consolidation, bare flag pattern, and looks like it could be headed lower.

Yeah, it's hard for me to pay up, right? If it pops back up, maybe I'd reshort it. So, how about this? We'll just short it at the same place that we did last time.

I'm going to short MSTR again. All in, baby. Let's see if I can get filled. Shorting a re uh retrace to the top of that shoulder. Yep. Absolutely. So, I'm short MSTR.

wow, what a fall on MSTR. Let's keep going. I didn't even have a TP set, dude. Let's go, dude. This too easy. Can we put a stop loss? 150 bucks on the money. Can I lower that? Actually, let's lower that.

Let's lower my stop loss. Keep coming down. Hell yeah. $166 in the money. Keep coming. Hey, this is too easy.

Yeah, guys, I see MSTR falling.

What this channel has said about $MSTR

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