Microstrategy Inc. (MSTR) moving towards a highly overbought zone

Microstrategy Inc. (NASDAQ: MSTR) shares have started the session with a gap-up opening and are still trading 17.7% around $86.43.

Microstrategy Inc. (MSTR) stock has spiked in early morning trades on Friday, after a bumper Q3 performance that has beaten all street expectations.

Microstrategy Inc. (MSTR), however, is already in an overbought zone, with an RSI of over 76.

Microstrategy Inc. (MSTR) is a business intelligence software company, which posted Q3 revenue of $104 million and profits of $1.73 a share in Q3.