
MicroStrategy Inc. ($MSTR) has experienced notable trading activity recently, becoming the third most traded stock with a trading volume of $8.2 billion as of 1:00 PM on November 27, 2024. The stock has shown significant price fluctuations, bouncing from the daily 20/21 exponential moving averages and reaching a price range between $340 and $410 over two days. Analysts suggest that the stock has the potential for a breakout if it maintains above the $370 level, particularly if Bitcoin continues its upward momentum towards $100,000. As of November 29, 2024, the stock price was noted at $411/412, indicating a successful setup for further movement.


