MSTR Overextended After 23.5% Surge

MSTR surged 7.11% on Aug 21, building on a prior 23.5% surge, but remains technically overextended (%B at 1.29, flat MACD). Critical resistance at $122–$131; failure could trigger a violent flush back to $99. Whale long positioning is bullish, but taker flow near parity suggests liquidity-driven moves. MSCI exclusion risk, dilution, and insider selling add caution. Bitcoin passed $71K but technicals remain stretched.