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Stock Of The Day – Breakout Time For MicroStrategy?

MicroStrategy Incorporated MSTR is trading higher Monday. It may be breaking the resistance that has been around the $441.50 level.We have made MicroStrategy our Stock of the Day because breakouts tend to be bullish. There is a good chance it will be followed by a move higher.Successful traders understand market psychology. For example, they know that one of the reasons why resistance forms is due to remorseful buyers trying to sell. People buy stocks and then regret doing so if price drops after.Some of th ...