Pick: MSTR (MicroStrategy)
The broad market spent the week doing more grinding than trending. SPY held a constructive posture but stayed range-bound, with leadership rotating inside Technology while defensives saw a bid on intraday pullbacks. Breadth remains mixed: enough risk-on to support selective breakouts, but not enough to lift all boats at once. In this kind of tape our edge is being choosy, taking clean levels and letting price confirm before sizing up.
Our Pick of the Week was MSTR, which continues to act as a high-beta proxy for crypto flows. Price set up a tight continuation above short-term support early in the week, offering a defined risk entry with the potential to ride any strength in BTC. We initiated the position on Monday (9/8) at $328.11 and closed on Friday (9/12) at $331.44. With 49 shares, that’s a move of +$3.33 per share, or +$163.17 (~+1.01%) for the week. The goal with TPOW is not to “swing for fences” every time, but to compound disciplined, rules-based gains while keeping risk contained when the market is choppy.
Why MSTR this week: the chart showed buyers defending the prior breakout area and momentum re-accelerating on stronger intraday pushes. We wanted to be long only while price stayed firm above that support; once momentum slowed into the weekend and the risk/reward compressed, we chose to book the gain and reset for a better setup.
What we’re watching next: for SPY, sustained strength comes if it can decisively break above the recent range highs with improving breadth; caution returns if it loses the 50-day area on volume. For MSTR, a constructive reset near support with rising relative strength would put it back on our list; otherwise we’ll let it build a new base and look for the next high-probability trigger.
As always, TPOW is a rules-driven, one-idea-per-week approach designed for members who want clear entries/exits without sitting at the screens all day. When the market is rotating and selective, managing risk and taking what the tape gives is the edge.
Educational use only. Above The Green Line (ATGL) does not provide investment or financial advice. Always confirm your own risk tolerance, position sizing, and time horizon before acting on any idea.
