Strategy Inc. Stock Breaks Trendline, Eyes Support Zone at $163

Strategy Inc.’s stock price dropped 1.8% to close at $264.67 after breaching a long-term trendline, prompting analysts to focus on the potential support zone near $163. The break below the trendline, according to technical analysis, suggests that investors are anticipating further price declines, with the 0.886 Fibonacci level positioning near this key area. The stock’s trading volume reached 11.07 million shares, indicating active participation in market movements.