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Posted by
Two Blokes May 4 -
Filed in
Stock
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4 views
As expected, the Nasdaq 100 has rallied over 20% from April 7th lows, leading to directional uncertainty and potential sell pressure in May. There are likely to be solid opportunities to sell the market in May, but I would still caution against shorting MSTR through MSTZ. Bitcoin's technical setup actually looks quite good in my view, and that means MSTR may continue to rally despite my concerns about MSTR common stock.