Strategy climbs 9% after bitcoin purchase disclosure
The stock price reportedly rose by 9% following the announcement of its Bitcoin purchase.
I will consider entering upon confirming that the current price has broken above the 20-day resistance line ($154.02). I will approach this from a buying perspective, driven by the announcement of Bitcoin purchases, a recent 7-day volatility of +16.0%, and trading volume increasing to 1.99 times the 20-day average.
I will take profits upon reaching the take-profit target of $154.02, and cut losses if the support level of $115.80 is breached. Since the current price of $168.50 has broken upward above the 20-day resistance level ($154.02), I will focus on risk management by taking into account the gap from the support level ($115.80).
RSI (14) stands at 63.3, indicating a bullish phase just below the overbought zone, and the moving averages are in a non-aligned state. Trading volume flowed in at 1.99 times the 20-day average, and the volatility over the past 7 days recorded +16.0%.
Looking at past similar history, it showed positive responses with a +6.4% gain on 2026-09-29, +4.7% on 2026-09-28, and +3.7% on 2026-09-25, whereas it showed a decline of -3.1% on 2026-09-22, thus demonstrating clear bidirectional fluctuation patterns whenever favorable news or volatility occurs.
Following the announcement of its Bitcoin purchase, trading volume surged to 1.99 times the 20-day average, and the 7-day volatility recorded +16.0%. We entered the position based on an upward breakout above the 20-day resistance line ($154.02), but the actual result was a -10.1% return, judged as FAILED. Although we expected upward momentum amid a bullish RSI (14) of 63.3 and an increasing trend in thematic news, it is regrettable that we failed to handle the risk gap from the support line ($115.80) more conservatively.
Considering the characteristics of the moving averages in a non-aligned state and the high volatility of the stock, we will revise our trading strategy going forward to secure a wider margin of safety from support levels rather than chasing rallies immediately after breaking resistance, and to apply strict risk management criteria.