The analysis focuses on MSTR using Elliott Wave theory to identify a WXY structure. The Y wave is analyzed as an ABC pattern. The A wave is viewed as a five-wave move, and the B wave tops at $413. The analyst calculates a target area for the C wave between $285.84 and $329.52. The chart shows that this corrective pullback started in May. The analyst mentions a Fibonacci support zone between $273.50 and $326.10. However, the price action shows only a three-wave move up from the August 20 low of about $329 without impulsive upside reaction. Next resistance is noted near $360. A five wave move needs to develop where the next move up needs to take the price above $360. The pattern to accomplish this move needs to happen first in a diagonal pattern. The 5 target zones for the diagonal include 373.67, 380.85, 395.24, 400.00.