Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Microstrategy Incorporated's stock (MSTR) rose in the intraday levels, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the short term, coupled with positive signals from the RSI after reaching oversold levels, hinting at a positive divergence, and marking a fresh profit of 1.52% in the last session, or 6.64 points, and settling at 443.46.
Therefore we expect more gains for the stock, targeting the resistance of 522.80, provided the support of 412.93 holds on.
Expected trend for today: Bullish