Our stock today, MicroStrategy (MSTR), looks to be currently in rally mode. Rising with the rest of the market but still lagging slightly, the stock has been building momentum to break through a very solid resistance level.

As you will see in the video, today we want to focus on how to find price targets for your trade so you have a plan in place for when the trade goes your way. Too often, I see my students holding their positions without knowing really what their exit strategy is. If you are trading without a plan, and integral parts of that plan, you are trading on hope, not a plan.

Check out the full video below to learn more about the trade of the day.

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Get a jump start on your options education and put yourself in position to win in 2023. Sign up today! Until then…

Good Luck!

Christian Tharp, CMT