Where is the area to buy $MSTR stock?Where is NASDAQ:MSTR best area to buy?
A pattern that follows the direction of the trendline that I got in BMV:MSTR , don't miss this
This pattern is called bullish flag and this pattern will follow the direction of the supply or retracement.
Then the buy area of BCBA:MSTR in the 356.28 area and the shortest sell area is probably at 469.99 or can be below that if for a short hold to release goods in the 460.00 area is enough.
For long-term hold can be sold for ASX:MSTR stock in the area of 523.10, 630.89, 730.86, 880.82.
LFG saylor
MSTR trade ideas
Double bottom for MSTR
After finding support at the bottom of the channel, NASDAQ:MSTR formed a double bottom in 1H. The target of this move should be 375 if CRYPTOCAP:BTC continues the up move.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
MicroStrategy is flirting with the support of the channelBitcoin related stocks have been front-running the price compared to BTC. NASDAQ:MSTR was no exception of that. The price created a nice up trend, however, we reached to the support with the recent drop of BTC price. If we don't see a reversal from BTC, NASDAQ:MSTR may visit 275. Having said this, it is at the good levels for a long position with a calculated stop.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
MSTR next FTX bubble MicroStrategy owns 152,800 BTC bought for $4.53 billion.The company has $2.2 billion of debt issued by MicroStrategy, the parent company, consisting of $500 million of 6.125% senior secured notes due 2028 (the “secured notes”) and two series of convertible notes, one maturing in 2025 and the other in 2027 (together, the “convertible notes”). The secured notes are guaranteed by MicroStrategy’s subsidiaries (other than MacroStrategy and its subsidiaries) and are secured by substantially all of MicroStrategy’s assets, which include its software business and, as of Sept. 30, 2022, a total of 14,890 bitcoin.
Although MacroStrategy and its subsidiaries are technically restricted subsidiaries under MicroStrategy’s secured notes, in many ways they have the freedom of an unrestricted subsidiary, including their ability to incur debt secured by their bitcoin holdings.MacroStrategy is carved out from the limitations of the debt covenant, so it can incur unlimited debt. In addition, any crypto assets held by MacroStrategy at the time the secured notes were issued are carved out of the liens covenant; as a result, MacroStrategy may incur unlimited debt secured by the bitcoin that it held on the date the secured notes were issued.
The fact is that FTX and Alameda were created by one person - Sam Bankman-Freed. And from the very beginning, Alameda served as a liquidity provider on FTX. Alameda wallets interacted with FTX even before the launch in May 2019 and apart from other addresses, it was the only clearly identifiable counterparty. In 2020, the chief engineer of the FTX crypto exchange made secret changes to the exchange software. They allowed Alameda Research, owned by Sam Bankman-Fried, to continue to borrow funds from FTX regardless of the value of the collateral.
Weller said the prospect of such a fund coming to market after about a decade of trying by a number of issuers could pose a "big risk" for MicroStrategy.
“Many investors are buying MicroStrategy shares as a widely available proxy to gain exposure to bitcoin,” he said. “But if a simple, low-fee alternative emerges, much of the current demand for the stock could dry up, leaving a costly, slow-growing operating company to manage a cumbersome, unstable balance sheet.”
The Spot Bitcoin ETF, if approved, “won’t offer the same leverage returns as MicroStrategy,” Saylor said during the company’s Aug. 1 earnings announcement.
However, he acknowledged that a subset of institutional investors would choose Bitcoin ETFs to participate in this space.
I'll draw an analogy. Think of the rest yourself. The debtor company has doubled its capital. This is Carl's air, emptiness! Bitcoin-ETF no longer needs an intermediary in the form of this company, which can repeat the fate of FTX. Half of the Bitcoins will have to be sold on the market if the Bitcoin ETF spot is approved, because 2.2 billion debts and unlimited lending to yourself may end. Even now, investors will have a reason to doubt Michael Saylor and withdraw their funds, which will deprive the company of reliability. Will he repeat the fate of Sam? Time will show.
MicroStrategy Coiled: Are Bitcoin Bulls Ready for $35,000 in AugMicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud Environment, a managed software-as-a-service solution, which offers always-on threat monitoring and enables rapid analytics development and deployment to deliver security and data privacy requirements. The company also provides MicroStrategy Support that helps customers to achieve their system availability
MSTRUpdate on MSTR since last update was March.
In March we had said target up to 420 area, which is where we are now.
Technically, the first quarter retracement of the whole move is 433, and so if we use that first quarter as a pivot, I'd look to trade up to the 50% retracement/MID of the whole move, which coincides with the psychologically significant 699/700.
Good luck.
Will $MSTR finally become a market leader?The leader of the industry right now is NASDAQ:MDB , but those not have any exposure to the #crypto market.
MicroStrategy provides enterprise-ready analytics, mobility and security software platforms for various industries.
Historically, NASDAQ:MSTR has outperformed AMEX:BITQ , I chose this ETF as a proxy of its peers as is better balanced than $AMEX:CRPT.
Since the beginning of the year, the stock its been in a bottoming process as the volatility continues to decline. And its relative strength line is in a trading range.
Recently, they announced a new multi-year partnership with NASDAQ:MSFT that will integrate MicroStrategy’s advanced analytics capabilities with Azure OpenAI Service.
Maybe this added to the volatlity contraction can help the price to breakout above $350 and start trending higher.
MicroStrategy - Bullish caseHi guys!
Microstrategy showing strong signs of accumulation as shown by the OBV indicator. Bullish divergence has been forming during the past few weeks.
Still strong resistance ahead, around the $330-360 level. If we manage to turn this level into support and, market conditions are favorable, the $475-525 level would be next. What do you think?
Have a good one and take care guys!!
MSTR is lagging behind bitcoin, a great short opportunityMSTR stock is but a clever way to get around the regulators and have a bitcoin ETF. The stock is nothing but a representation of a massive, leveraged bitcoin position.
As such, it is bound to get hurt massively as bitcoin crashes once again. Currently, it is still lagging behind bitcoin and this is precisely where I see a high reward short. BTC-USD chart already had its "spine broken" while MSTR still lags a bit behind.
Expecting the last year's lows to be re-visited. Keeping the stop just above the current price action at +8% from here ($296).