MSTR: Forms Next Major Bullish Descending Wedge Fractal!

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MSTR: Forms Next Major Bullish Descending Wedge Fractal!Strategy Inc Class ABATS:MSTRVincePrinceHello Community, welcome to my new analysis of MSTR on the weekly timeframe perspective. In the recent times, I have spotted interesting setups in the stock market that have the potential to transform into great trading opportunities in the upcoming times. One of them is MSTR, the stock has already emerged with great bullish bounces in the structure, aiming for higher levels in the zone. Now, I have detected all the underlying factors that will be interesting to watch out for in the near future. When looking at my chart, we can watch how MSTR is trading within this gigantic ascending channel formation. Within this channel, MSTR already has major support at the lower boundary, where it has already bounced several times and which has been the origin of the major descending wedge fractal formation setup already before. This same fractal formation setup is forming now once again, with the wave count already being completed. MSTR is completing the same fractal once again. Especially the bounce within the bullish accumulation boundary marked in green, as well as the simultaneous bullish confirmation bounce within the 600-EMA marked in blue and the 400-EMA marked in green, are confirming this bullishness in this dynamic. From here on, the fractal is pointing to a bullish continuation till the upper target zones are reached, as marked in my chart. They are within the upper boundary of this huge channel. In this manner, thank you a lot for watching! The support is highly appreciated. VP