“Brian Shannon on TraderTV Live 9/29/26”
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.