Strategy Inc. (NASDAQ:MSTR) shares are jumping Wednesday as the cryptocurrency market reacts to shifting geopolitical tensions.

Bitcoin Rebounds On Ceasefire NewsBroader Market Sentiment ShiftsStrategy Technical Analysis

At $129.55, Strategy is trading 4% below its 20-day simple moving average (SMA), the stock’s average price over the last 20 sessions. It’s also 16.8% below its 100-day SMA.

The moving average convergence divergence (MACD), a trend/momentum measure, is bearish with the MACD at -4.1240 below the signal line at -2.9038.

Over the last 12 months, the stock is down 45.97%, a backward-looking read that underscores how much longer-term sentiment has cooled. Within the 52-week…

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