Strategy (MSTR) Hints at Recovery later than Steep Plunge
Shares of Strategy Incorporated (MSTR), led by Michael Saylor, have collapsed by over 65% since July highs.
MSTR stock has fallen sharply, exerting significant pressure on the company’s market capitalisation and posing risks for shareholders.
Reports show that major institutional investors, including BlackRock, Vanguard, and Fidelity, reduced their holdings of MSTR in Q3, while JPMorgan warned the stock might be delisted from the Nasdaq 100.
Yesterday, MSTR shares hit their lowest point since last autumn. Yet the candlestick offers some encouragement for bulls: although the price briefly dipped below $160, it closed above $170, suggesting the tradeing momentum may be easing.
According to the Smart Money Concept framework, ahead signs of a bullish PO3 pattern are visible:
→ late-November price swings appear as the Accumulation phase;
→ yesterday’s candle may represent a Manipulation move.
If this pattern develops, it could lead to a Distribution phase, paving the way for a recovery. A breakout above the $185 resistance level could trigger a broader rebound, potentially reaching the median of the red channel.
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