MSTR as a company is looking solid. It has a better 1 year return than Wells Fargo, Facebook, Disney and Amazon. The stock is also not for the faint-hearted as it is a huge mover and can go up or down $30 - $50 in a single day on literally no news. I entered this trade after seeing it stabilize after the recent sell-off. RSI and DI- were both pointing towards a mean-reversion trade. But MSTR is heavily dependent on Bitcoin’s price movement as they are a huge investor in Bitcoin (They hold $3 Billion worth of Bitcoin). Watch Bitcoin in the coming week as the performance of this trade will be closely correlated to it.

Such an interesting trade. MSTR is a high ATR stock and certainly not for the faint hearted. The stock can move $35- $50 in 1 day on literally no news. MSTR went against me initially and fell down to $545 in a matter of a few days. MSTR is also heavily dependent on Bitcoin, so the recent rally in Bitcoin helped MSTR bounce back from the dead and I was able to close it for my full profit target today. Don't be confused by the huge jump in the account balance. September dragged my account down by 11% at its worst, but I have almost recovered from the sell off already.