MSTR Stock Shows Bearish Head-and-Shoulders Pattern Last Seen Before Dot-Com Crash
By
@cointelegraph
2h ago· 4 min readenInsight
Summary
The article analyzes a bearish technical pattern (head-and-shoulders) forming on Strategy's (MSTR) monthly stock chart, which last appeared before the stock's 99% collapse during the dot-com bubble burst. The pattern suggests up to 80% downside risk. Additionally, Strategy's cash reserve has dropped 38% while dividend obligations approach $1.2 billion, raising dilution concerns for MSTR shareholders.
Source
bskyMSTR Stock Shows Bearish Head-and-Shoulders Pattern Last Seen Before Dot-Com Crashcointelegraph.comKey quotes
· 3 pulledMSTR bearish reversal pattern points to 80% downside risk
As of late June, MSTR's monthly chart was painting a potential head-and-shoulders (H&S) pattern
Strategy's cash reserve is down 38% as dividend obligations near $1.2 billion, raising dilution risk for MSTR shareholders
Strategy’s cash reserve is down 38% as dividend obligations near $1.2 billion, raising dilution risk for MSTR shareholders.
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