$GOMO
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Social Momentum Summary
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MSTR +344%: the September 2020 base breakout and how the trailing rule shaped the result MSTR spent six months after the March 2020 crash building a base, with the low at 9.00 and a gap in August when the company announced its first bitcoin purchase. The high a week after that gap, 15.17, became the pivot, and the stock built a tight shelf under it with a low of 13.88 on 8 September. On 15 September 2020, the day the company disclosed a second bitcoin purchase, it closed at 15.57 on volume 2.5 times its 20-day average. It slipped back under the pivot within two weeks but never touched the shelf low, and there were four opportunities to add along the way, including 31.76 on 21 December. The stock peaked at 131.50 on 9 February 2021, and the exit at 69.12 on 23 February, the first close under the 20-day line since early November, left +343.8% in 161 calendar days. A tighter 10-day trail would have ended things in December, with about 86% of the move.