The MSTR (Microstrategy Inc.) short swing trade is once again testing the T2/280ish support level with the next sell signal to come on a solid break and/or close below it. Previous & updated daily charts below.
Note: depending on whether or not we get another bounce off T2 again, T3 might intersect with the primary uptrend line which was the original final target (T4) although I am still open to the final target being the 102-112 support zone which the trendline was initially intersecting when the trade was entered in late November.
Also, keep in mind that MSTR is essential a proxy bet on Bitcoin, which will trigger a power sell signal if/when the 91,oooish support is clearly taken out (120-minute chart above.



