MicroStrategy Inc. (MSTR) – Elliott Wave Technical Analysis

Daily Chart – Trend Structure Overview

FUNCTION: Trend

MODE: Motive

STRUCTURE: Impulsive

POSITION: Wave (iii) of {i}

DIRECTION: Upside in wave {i}

DETAILS: MSTR appears to be progressing within a five-wave move, aiming to break through its all-time high. This may signal the end of wave {i} of 5 or possibly complete wave 5 itself within a broader bullish cycle.

1-Hour Chart – Short-Term Price Development

FUNCTION: Trend

MODE: Motive

STRUCTURE: Impulsive

POSITION: Wave v of (iii)

DIRECTION: Top in wave (iii)

DETAILS: The intraday pattern suggests a near-term top in wave (iii) as a five-wave subdivision seems to be unfolding. Price action is approaching the 1.618 Fibonacci extension of wave (i), reinforcing the likelihood of an upcoming wave (iv) correction.

Analyst: Alessio Barretta

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