MSTR bounced nearly 2% today after testing anchored VWAP support near $390. This recovery comes after a steady pullback from the recent $460 high. Price is holding above the yellow VWAP and just above the green zone, signaling possible short-term support.
However, volume remains light (3.72M vs. 11.47M average), indicating cautious buying — and earnings are scheduled for tomorrow, which introduces added volatility risk. A close above $410 post-earnings would strengthen the bullish case.
Until then, this remains a speculative long setup with event risk.
Indicators used:
Anchored VWAP (support zone: $390–395)
Volume vs. Volume MA (light = indecision)
Earnings date = risk trigger
Entry idea: Only after earnings reaction; ideally above $410
Target: $430–440
Stop: Below $388 or earnings miss
However, volume remains light (3.72M vs. 11.47M average), indicating cautious buying — and earnings are scheduled for tomorrow, which introduces added volatility risk. A close above $410 post-earnings would strengthen the bullish case.
Until then, this remains a speculative long setup with event risk.
Indicators used:
Anchored VWAP (support zone: $390–395)
Volume vs. Volume MA (light = indecision)
Earnings date = risk trigger
Entry idea: Only after earnings reaction; ideally above $410
Target: $430–440
Stop: Below $388 or earnings miss
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.