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Microstrategy's stock fell in the intraday levels after the resistance of 290.00 held on, while gathering positive momentum that might help it pierce that resistance, amid the dominance of the upward correctional short-term wave, with support from t he 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 290.00, provided the support of 202.90 holds on.
Expected trend for today: Bullish