MSTR - Microstrategy Short...for now.MicroStrategy IncorporatedBATS:MSTRTr8dingN3rdThe White Fork is created by choosing point A, which must be the lowest price before the swing. B and C are the natural high and low of the swing we want to measure. What this gives us is a Pitchfork that projects the most probable path of price. Additionally, with the three lines that make the Fork, we have the natural extremes above, below, and the center—the mean. We can see that price started to rise in March 2025. The 80% rule states that price will reach the Centerline around 80% of the time. And as we see, it did this time as well. Price reached the CL (Center Line), and immediately the big whales dumped positions. Then price fell—only to be picked up before reaching the Lower Line, also called the L-MLH or Lower Median Line Parallel. When price can't make it to this (or any of these) lines, we call this a 'Hagopian,' because it follows 'Hagopian's Rule.' This rule says that if price can't reach 'the line' (the L-MLH in this case), there is a high chance that price will reverse in the previous direction (up in this case), and even go further than where it came from (the Centerline). And as we see, price indeed traded upwards—beyond where it came from—and overshot the Centerline (CL). Unfortunately for long-positioned traders, the gas in the goose was empty, and price now starts to head south again, missing the target, which would have been the U-MLH (Upper Median Line Parallel). So, the open happened below the CL! If we also see a close this week, I'm ready to initiate a short trade. Why? Well, as before, Hagopian’s Rule applies—an indication that price will trade further down than where it came from, which is below $361. And since we know that the natural target is the Centerline about 80% of the time, we have a heck of a good chance that we’ll be happy campers in a couple of weeks. :-) With a risk/reward of about 2 to 3, and such a high chance of a profitable trade, I’ll sleep like a baby in the coming weeks. The trade idea would be cancelled if price closes above the CL this Friday. Let’s stalk it closely...