What I'm watching... 👀
Priced in gold, the last time MSTR was as oversold (in RSI terms) on the weekly charts as it is today was during the deep valley of the flash Covid recession in March of 2020 (see vertical green lines).
At that harrowing time, MSTR reached as low as $9 per share.
For a long-term investor, this may be a proverbial "blood in the streets" moment for MSTR shareholders.
Not investment advice... but interesting to note.
Thoughts?
Priced in gold, the last time MSTR was as oversold (in RSI terms) on the weekly charts as it is today was during the deep valley of the flash Covid recession in March of 2020 (see vertical green lines).
At that harrowing time, MSTR reached as low as $9 per share.
For a long-term investor, this may be a proverbial "blood in the streets" moment for MSTR shareholders.
Not investment advice... but interesting to note.
Thoughts?
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