I’m going to say this straight out so that there’s no confusion: Strategy (MSTR) has not proven to be a viable investment. Plus, as long as the underlying cryptocurrency sector continues to underperform, MSTR stock would not be a candidate for a long-term hold. For those who are genuine risk-takers, though, a quantitative case can be made for the crypto proxy.
Basically, we’re going to play the order-flow balance game. If you look at the weekly candlestick chart for MSTR stock, you’ll notice that the security has only printed two positive candlesticks over the last 10 weeks, thus leading to a (sharp) downward slope across the period. Ordinarily, that would be interpreted as bad news, as Strategy’s 100% Strong Sell rating ignominiously indicates.
