MicroStrategy Inc. (MSTR) – Elliott Wave Technical Analysis & TradingLounge Daily Chart

MSTR Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Motive

STRUCTURE: Impulsive

POSITION: Wave (iii) of {i}

DIRECTION: Upside in wave {i}

DETAILS: MicroStrategy (MSTR) continues to advance in a classic five-wave Elliott Wave structure, pushing toward its all-time high. This bullish move may represent the final stages of wave {i} of 5, or potentially conclude wave 5 within a larger impulsive uptrend, supporting a strong long-term bullish outlook.

MicroStrategy Inc. (MSTR) – 1H Chart Elliott Wave Analysis

FUNCTION: Trend

MODE: Motive

STRUCTURE: Impulsive

POSITION: Wave v of (iii)

DIRECTION: Top in wave (iii)

DETAILS: Short-term Elliott Wave analysis indicates a maturing wave (iii), with wave v extending near the key 1.618 Fibonacci level of wave (i). This suggests a probable near-term top and an expected wave (iv) corrective pullback before further upside resumes in wave (v).

Technical Analyst: Alessio Barretta

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