After a long and drawn-out correction, many of the most abused and oversold stocks—including several former darlings—are beginning to shape up again.
Not for full primary trend reversals, but for sharp countertrend moves.
Here’s today’s standout:
Strategy Inc $MSTR is currently exhibiting a Squeeze Score of 92.6.
Here's what the chart looks like:
Strategy is coiled after bouncing off a key support level.
As volatility on the Strazza Indicator compresses, the next move could be a powerful countertrend rally.
Crypto equities are simply waiting for the slightest show of strength in the underlying asset. That is when these names tend to rip. Shorts may have overstayed their welcome, and every downtrend eventually produces a reflexive bounce.
This one has the potential to get interesting soon.
