Strategy Inc
Long

MICROSTRATEGY Is it shifting towards a new paradigm?

2 912
Microstrategy (MSTR) is defying all odds during this bull run and recently it achieved perhaps its most important one: it broke above its All Time High (ATH) of $335.00 registered in March 2000. This historic feat took place on the same month (November) that it broke and closed above its historical Channel Up pattern, which has been dictating its trend since the bottom of the Dotcom Bubble correction in 2002.

This is perhaps ushering a new era for the company. Along with Bitcoin it may be shifting to a new paradigm and the uptrend may be accelerated in a similar way as it did in 1998 - 2000. Technically we will be in a position to know that if the current pull-back bounces of the top of the former historic Channel Up.

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