MSTR is fundamentally flawed but technically attractive; buy on recovery above 5-day MA after current pullback.

I just bought MSTR. Bitcoin has been on the move a bit lately, and in the chat they said: "Why don't we look at MSTR?" What a great level that seemed to be, down there around 84-85 dollars.

A nice small rise, but then it ran into a small problem.

do you ever look at MSTR in comparison to IBIT or crypto itself? And I don't like MSTR either because I think it is a defective product. Why would you pay someone else to buy Bitcoin for you?

It doesn't work, and there is mismanagement: selling at the absolute low and then buying again when the price rises.

You know, I don't understand any of it, but the graph looks good. It is a nice, orderly relapse. The price rose here with high volume. A large volume often occurs at turning points, and a lower volume during the decline.

The price is now below the declining 5-day moving average. That tells me that we need to wait and see if the price recovers further in the coming days and rises above the 5-day moving average again.

Then I think you should buy after this pullback , because the daily chart supports the potential for a further rise.