#StrategySharesBreak135ForFirstTimeIn12Weeks

Strategy just cleared 135 for the first time in twelve weeks and the daily chart is reflecting the full force of the move. The stock surged more than 10 percent intraday, closing near 137.39 after printing a high of 139.73. Unrealized Bitcoin gains on the balance sheet have now reached 4 billion dollars, giving the name a direct leverage to the latest BTC strength.
On the daily timeframe the 50-period EMA sits at 109.36 and the 200-period EMA remains overhead at 156.97. Bollinger Bands stretch from 78.26 on the lower side to 131.26 on the upper side, with the middle band near 104.76. Price has already broken above the upper band and is testing the SRL level at 137.80. The next visible resistance cluster sits near the old swing area around 197.00. Downside, the first support band is the broken upper Bollinger at 131.26, followed by the 50-period EMA at 109.36 and the deeper 104.76–89.21 zone.
RSI has climbed to 72.87, entering overbought territory on the daily. MACD has turned positive with the histogram expanding, confirming that momentum is still on the side of the buyers for now.
The bullish case requires a clean daily close above 137.80 and sustained acceptance over the 135–137 zone. If Bitcoin continues to hold its recent gains and the unrealized profit figure keeps expanding, the path of least resistance points toward a retest of the 156.97 EMA and potentially the higher 197 area. In that scenario the 131.26–109.36 region becomes the first support shelf on any pullback.
The bearish case is a classic post-breakout rejection. Failure to hold above 135 on a closing basis, especially if Bitcoin stalls, would likely send price back toward the 131.26 level. A break of that zone would open the door to the 50-period EMA at 109.36 and the lower Bollinger structure near 104.76. After a twelve-week range and a sharp 10 percent day, profit-taking is always a realistic risk once RSI stretches this far.
I am treating 137.80 as the immediate pivot and 131.26 as the first line that needs to hold for the breakout to remain valid. Position size stays controlled until the daily candle closes with conviction either above the new high or back under the breakout level. The 4 billion unrealized gain is a powerful fundamental backdrop, but the chart still has to confirm whether buyers are willing to defend the reclaim.
Are you adding into this break of 135, waiting for a retest of 131, or already taking partial profits? Share your framing.
‍#MSTR $MSTR