Now's a good time to short Micro Strategy. Be careful shorting Micro Strategy, folks. That one can really bite you in the you know what. You got to be very careful.
Macro,
Micro Strategy, interesting thing. I said, watch it. I said Sailor's not ATMing. He did an ATM last week. He did an ATM this week, which is great news.
Now there is something concerning here because this is a proxy and the markets are closed from Bitcoin's on a rampage and that was on a rampage Sunday night. We have a gap. This is the gap here.
Now typically nonproxies gaps tend to fill. So we have that gap here of about 10 bucks between 153 and 164 10 or $11. Will that fill again? I don't know. I don't think so. Maybe if Bitcoin goes back down to 82K, yes, it will fill.
But we don't know if Bitcoin's going to do that. But either way, this has been very very strong.
I think Circle, HOD, Hood, Robin Hood, MSTR, not too interesting in MSTR, my take, but I, you know, it's something I'm watching closely, looking for a reason to get in whether long or short.
MicroStrategy made its first cumulative purchase in months, which is also great news.
Now, we return to Michael Saylor. They bought 950 Bitcoins. So it wasn't a huge amount, but the good news is that Michael Saylor didn't sell shares through the financing program, and that's great.
This is excellent for the price movement of " MicroStrategy" stock.
Strategy, which is MicroStrategy, which is basically crypto, but a leverage play, slightly on the crypto, the the largest corporate holder in the world of crypto, of Bitcoin, I should say, not crypto.
And look at it kind of gapped up this morning up 11% and hovering above the 200-day moving average. A strong close about 145 gives us a nice little reason to run up to that recent high of 197.
We'll see what happens, but there's a lot of good construction going on at the bottom of this MicroStrategy trade.
Let's talk about MicroStrategy. There's a level I care about, guys. Now, we have this lovely little trend line here. We reached the bottom in February 2026, and you can see that we touched it right here .
We also found some good little support there. I am watching this range for the possibility of rejection on MicroStrategy stock if Bitcoin continues to rise. And we have this gap filler that you see where we closed here.
Sorry , rather, we've closed here . This will be on May 22nd. If this continues to extend, these two lines will begin to intersect. So, this would be around 164 to maybe 160 approximately.
So, the $4 range is around what I'm watching as strong resistance on MicroStrategy stock. But beware of trying to bet against the Bitcoin crowd, because when Bitcoin starts to move, well, MicroStrategy will move too .
You know what I haven't looked at in a while? MSTR. I just uh it's it's it's it's in the crapper. I mean, it's like 130 something probably. I can't believe you love that stock.
We have clips of him saying it's a Ponzi scheme when it was three times the price it is now. No, I mean I'm flat it right now. I just have some short strangles on in there, but at this point I think it's it's lost it's lost its luster. It doesn't it's a nonfactor anymore.
Maybe a couple days Bitcoin is bouncing. It's changed its personality. Notice all these days where it's kind of just la volume and now it's strong volume on high moves and on moves lower it's weaker volume.
That's constructive for Bitcoin for Micro Strategy. looks similar.
