MicroStrategy (Ticker: MSTR) is a leading business intelligence and analytics software company. They provide innovative solutions that enable organizations to analyze and visualize their data, helping them make informed business decisions.
In terms of technical analysis, the stock of MicroStrategy is experiencing a significant upward movement, following the recent strength in the crypto asset class. The stock's performance is closely tied to its significant investment in Bitcoin.
If the stock manages to stay above the 1300 level, the bias is higher, indicating a potential continuation of the bullish trend. In such a scenario, the stock could potentially target the 2000 level.
For more technical analysis sign up for the FREE Chart Of The Day.
Recent Posts
Technical Analysis of Gap Inc.
Gap Inc. is a leading global retailer that offers clothing, accessories, and personal care products for men, women, and children. With a portfolio of well-known brands including Gap, Old Navy, Banana Republic, and Athleta, Gap Inc.
Technical Analysis of CCC Intelligent Solutions
CCC Intelligent Solutions Holdings, Inc. is a provider of innovative cloud, mobile, telematics, hyperscale technologies, and applications for the property and casualty (“P&C”) insurance economy.
Technical Analysis of Dick's Sporting Goods Inc.
Dick's Sporting Goods Inc. is a leading sporting goods retailer that offers a wide range of athletic apparel, footwear, equipment, and accessories.
Technical Analysis of Credo Technology Group Holdings
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market.
Technical Analysis of HP Inc.
HP Inc. is a leading technology company that specializes in providing a wide range of products and solutions for personal computing, printing, and imaging. With a strong presence in the global market, HP Inc.