Adam Livingston explains it beautifully for the public, comparing MSTR with McDonald's stock.

Strategy has been on a downtrend from July 18th at its peak of ~$456. It's been trading sideways for the last 5 trading days, waiting to determine a direction. If it pivots, it can magnet back up to $390. If it breaks below, it may travel all the way back to the previous runup, which now acts as support at roughly $280, in which I expect buyers to snatch it up very quickly for a recovery.

The second picture overlay $IBIT on top of $MSTR. The inverse relationship picked up in early July. It's a short-term view, so it could mean absolutely nothing. Will continue to monitor the MNAV relationship.

If your a new investor looking for an entry or an existing investor looking to add more, it may be worth it to watch price movement going into September. Of course, TA is all BULLSHIT, so you can just keep stacking since you believe in the long term strategy of Strategy and one can never time the market.

As for me, I'll continue holding equities, but may buy short-term protective puts if it has a break of structure. I will not be selling covered calls b/c I believe if it does go up, it may be face ripping.

Recommendation to the board will be +0.25 or more based on 5 day VWAP (currently ~95.52).