MicroStrategy Coils Above Key Moving Averages Ahead of Earnings Report
MicroStrategy (MSTR) is navigating a tight resistance cluster at $165.39, $166.96 while its smart money holds a 64.5% net long position, according to Blockchain.news.
The company's stock price has been coiling above every key moving average, and the approaching Q3 2026 earnings report on November 4 is the next binary event.
With the stock trading at $163.82, up 1.79% in the past 24 hours, it's threading the needle between its pivot at $163.14 and immediate resistance at $165.39.
The company still holds 847,666 BTC and continues to add to this position, which remains a central gravitational force behind any valuation framework.