MSTR support zone 155 missed

Support zone: close above is a hit. Close on the level is a push. Graded on the regular-session close.

A support zone is a price below the market where a large amount of options positioning sits. The idea is that this positioning can slow a move down there, so the test is simple: does the stock close above it? When it was posted at 08:44 ET, MSTR traded at 161.06, 3.9% above the support zone. On the same map, the next level above was 170 and the next level below was 150. See the original post.

Price traded through the support zone during the session (first 5-minute close on the wrong side at 10:45 AM ET), with a low of 152.64 and a high of 158.46. In the last hour price moved up 0.07, from 154.26 to 154.34.

The regular-session close was 154.74, 0.26 (0.17%) under the support zone at 155. Under the rule (support zone: close above is a hit), that is a miss.

MSTR finished the day down 1.6%, while SPY was down 0.2%.