Strategy’s MSTR Stock Flashes Dot-Com-Era Setup That Preceded 99% Plunge
Michael Saylor’s Strategy (MSTR) is testing a technical setup that last appeared before the stock’s 99% collapse during the dot-com bubble burst in the early 2000s. Key takeaways: MSTR is testing a monthly head-and-shoulders setup similar to the one that preceded its dot-com-era collapse. Strategy’s shrinking cash reserve and rising dividend obligations are increasing dilution…