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MicroStrategy (MSTR) - Breakout watch if BTC co-operates

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MSTR is looking healthy above its major moving averages after forming what appears to be a developing triple bottom.

If you have a bullish thesis on the price of bitcoin at its current level, MSTR is very compelling. Any longs could have a clearly defined risk in the region of the moving averages which also aligns with an untested POC and anchored VWAP from the lows.

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