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Strategy’s ‘unicorn’ technical pattern puts 50% MSTR stock rebound in play

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 10 Views

MSTR could target $200 and extend toward $280 if supportive macro conditions and bullish technical momentum hold.

Strategy’s stock MSTR printed one of the rarest bullish reversal signals in technical analysis, the “Abandoned Baby,” on its daily chart, hinting that a brutal downtrend may be running out of steam.

Key takeaways

MSTR’s rare reversal pattern suggests rising odds of a sharp rebound.

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