MSTR (MSTR)

If we get $100 or under $MSTR , I’m maxing the rest of my Roth this year (about 2,800) into it automatically.

$MSTR

The higher timeframe outlook remains largely unchanged, but the structure is increasingly favoring the view that the recent high may have been a completed wave 4 rather than a larger B-wave. The market has already undergone a substantial correction and momentum indicators are approaching oversold territory on higher timeframes.

Leading Scenario: The preferred outlook is shifting toward the orange wave 4 interpretation. In this scenario, the correction is approaching its later stages and the next major downside target zone is located between $95 and $62. A break below $104 would provide further confirmation that the decline is continuing toward that support region.

Risk Scenario: The white count still allows for the possibility that the recent high was a larger B-wave, which could theoretically allow for another recovery attempt before the next major decline. However, this scenario is becoming less favored as the market continues to weaken and momentum readings move toward oversold conditions.

Key Support Levels: $104 / $95-$62

Key Resistance Levels: Recent May high

Bottom Line: MSTR continues to favor lower prices, with the probability increasing that the recent high marked a completed wave 4. A break below $104 would strengthen the case for a move into the $95-$62 support region, while the more bearish white count could eventually target even lower levels near $75 or, in an extreme scenario, $40.