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It has jumped nearly 70% from its lowest level this year.Strategy stock technical analysis points to a surge. The daily chart shows that the MSTR stock price has been in a tight range since May. It has remained above the 100-day and 50-day Exponential Moving Averages, which have provided it with substantial support.Further, Strategy has formed a bullish pennant pattern, which often leads to additional gains. This pattern is composed of a vertical line and a symmetrical triangle, with a breakout occurring when the two lines near their confluence level.The breakout point is $385, bringing the target price to $585, up 52% from the current level. A drop below the support at $342 will invalidate the bullish forecast. 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