Saad Ullah
● In a recent tweet, Cantonese Cat drew parallels between MicroStrategy's (MSTR) current situation and Nvidia's (NVDA) earlier recovery, pointing to a key technical test in progress. The stock is sitting right on its 20-month simple moving average of $264.8 — a level that could make or break its near-term direction.
● The big question is whether MSTR can hold this support by month's end. After dropping nearly 21% in October, the stock now rests exactly on this long-term trendline. Breaking below could mean more pain ahead, while holding could signal a turnaround — just like Nvidia managed during its 2023–2024 pullback.
$MSTR is having its $NVDA moment right now… we'll see if we close above this level to end October. As Cantonese Cat put it
● The stakes are high. MicroStrategy's fate is tightly linked to Bitcoin, given its massive crypto holdings. Losing this support could drag down other Bitcoin-related stocks. But Nvidia offers hope: after testing its 20-month average, NVDA "found support, survived, and thrived," surging as AI demand exploded. That playbook is now what traders are watching for with MSTR.
● Both stocks represent the speculative frontier of their markets — MSTR for crypto exposure, NVDA for AI innovation. As these sectors evolve, such technical comparisons are catching the eye of institutional investors tracking long-term momentum.
Saad Ullah
