nasdaq microstrategy inc +10% everyday?nasdaq microstrategy inc created head and shoulders pattern it will do a correction then breaking thge ATH
M2ST34 trade ideas
MSTR Long Momentum Seen: New High Possible?
Title:
MSTR Long Momentum Seen: New High Possible?
Overview:
Hello Traders,
MSTR is showing strong long momentum with high volume, fueling speculation of a potential push towards new highs.
NASDAQ:MSTR
Key Points:
- MSTR is exhibiting robust long momentum, supported by high trading volume, suggesting significant buying interest in the stock.
- The combination of strong momentum and high volume often indicates a continuation of the current uptrend, potentially leading MSTR to achieve new highs.
- Traders are closely monitoring MSTR's price action for confirmation of the bullish trend continuation and potential entry points for long positions.
Technical Analysis:
MSTR's price chart displays clear signs of bullish momentum, with price consistently making higher highs and higher lows. Volume indicators confirm strong buying pressure, reinforcing the bullish bias and suggesting further upside potential.
Conclusion:
With MSTR demonstrating strong long momentum and high volume, traders may anticipate a push towards new highs. However, it's essential to remain vigilant and monitor price action closely for confirmation of the uptrend continuation before entering into new positions.
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$MSTR Momentum IndicatorNASDAQ:MSTR Momentum Indicator had a buy signal on 2/8/24 A momentum indicator is a technical analysis tool used to measure the rate at which the price of a security is changing. It compares the current price of an asset to its historical prices over a specific period to determine the strength or weakness of the trend. Momentum indicators are typically represented as oscillators or line charts, with values fluctuating above and below a central line or between predefined levels. Traders use momentum indicators to identify potential trend reversals, confirm the strength of an existing trend, or generate buy and sell signals. Popular momentum indicators include the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator.
The Case for OTM Puts on Crypto Exposed Stocks.In BTC right now we have a really interesting setup where if it comes to pass there’s a bearish reversal we can be almost sure of a rug pull event.
For a big bearish reversal thesis to be valid here the rally from the 15K low would have to be the Mother of all bull traps. If it is a bull trap > Then there has to be a rug pull. We can be almost certain of it. Like when SPX was much lower in 2023 and I said; If we rally > Then it has to be aggressive.
Certain things have certain signatures. And if this is a bull trap - there has to be a massive rejection. In the first section of this style of rug pull we typically see the drop taking the market down 50%. This is frequently in a “Crash” style. Something really big and strong. Even if not, these are our levels.
First drop takes out about 50%. Then there’s a bull trap and then the downtrend begins. It’s a three stage process.
Shock.
Relief/Optimism.
Downtrend.
So we can not know if the bear move will or won’t happen but we can very reasonable expect if the bear move happens it’s going to be something exceptional.
And because we’re trading at the 86 now we also have a fair case to make that even if the overall move is going to be bullish we can see a retesting of the previous fibs - and if this move happens, it will also almost invariably be in a strong down move.
At this point it’s quite reasonable to say if any bear move comes, we have a great case to expect it to be a sharp one. Puts benefit from such moves, so it makes sense to look for complimenting signals on anything related for put options where we can take small risks but have high pay off if it works out.
Long MSTR off 61.8 and bottom of channel at $455Pretty simple setup. You can see the channel that we've formed (white arrows for highs/lows) and the fib retrace that align perfectly with this level.
What do you think?
2nd view on $MSTR vs. $BTCUSDNormalized view on the NASDAQ:MSTR stock price vs. Bitcoin (BTCUSD). On this weekly timeframe you can see, that we're about to get an golden cross (blue MA 50 crosses red MA 200 to the upside).
If this price keeps on moving upwards and breaks the triangle/wedge to the upside, it's a clear indicator that one should be better in MicroStrategy than in Bitcoin itself.
MICROSTRATEGY Top of the Channel. Time for a shortterm pullback?MicroStrategy Inc. (MSTR) has been trading inside a logarithmic Channel Up on the 1D time-frame since the December 30 2022 bottom. The price is currently at the very top (Higher Highs trend-line) of the pattern and that is a technical bearish signal on its own.
It gets increasingly relevant though if we consider the 1D RSI which is overbought and at its highest level since November 13 2023 and more importantly, the remarkable symmetry among the phases of the Channel Up.
As you ca see the price action from the October 04 2023 Higher Low until today is very similar with the price action from the December 30 2022 bottom until (so far) the April 14 2023 High. Both started on a +136.17% rise then -40% correction and a Channel Up rebound for a new Higher High. The symmetry is evident among the 1D RSI sequences as well.
If this continues to hold, we should be expecting a -22.88% pull-back followed by a +77.48% rally that will break above the long-term Channel Up, which would inevitably do at some point since the stock price is so positively correlated to Bitcoin's price.
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MSTR - Breakout at Pre Market - More to FollowIn my previous BTC post, I said I am starting to move more down the risk curve.
MSTR is breaking out of its 3 years resistance and honestly if BTC goes to 100k from here,
MSTR will blast past 2k.
Its previous high stands somewhere around 3.3k, that might be on too.
I would suggest stops around 760 and just let it run.
Goodluck!!
Can we see 2500?I bet it would. Dont ask me why :) In bull market prices can go 10 times higher within a year or so.
#MSTR Cup and HandleBig upside target on a logarithmic scale
Seems like #WallST #FOMO is occuring
#MichaelSaylor's Big Long may well go down in history.
$MSTR moving out of the cup handle as anticipated in last postNASDAQ:MSTR this stock is going to the moon moving out of the handle of the cup in my opinion as their holding of bitcoin is 193,000 coin.
As Bitcoin goes higher, valuation of this company will multiple!
Michael Saylor’s MicroStrategy Buys $155 Million In BitcoinMichael Saylor, the visionary executive chairman of MicroStrategy ( NASDAQ:MSTR ), has once again propelled the company into the cryptocurrency spotlight. With a bold purchase of $155 million worth of Bitcoin, MicroStrategy ( NASDAQ:MSTR ) continues to cement its position as a frontrunner in the realm of digital assets.
Expanding Bitcoin Holdings:
MicroStrategy's ( NASDAQ:MSTR ) latest acquisition of nearly 3,000 Bitcoins brings their total BTC holdings to an impressive 193,000. Executed at an average price of approximately $51,813 between February 15 and February 25, 2024, this move underscores Saylor's conviction in Bitcoin's long-term value proposition.
Strategic Financial Maneuvers:
The funding for this substantial Bitcoin purchase originated from proceeds generated through the issuance and sale of shares, demonstrating MicroStrategy's adeptness in navigating the evolving financial landscape. Saylor's calculated decision-making stands in stark contrast to concerns surrounding potential negative impacts of Bitcoin ETFs on NASDAQ:MSTR , highlighting MicroStrategy's unique position as an operating company with a distinct strategic vision.
Robust Asset Management and Security:
MicroStrategy ( NASDAQ:MSTR ) remains steadfast in its commitment to safeguarding its digital assets, entrusting 98% of its Bitcoin holdings to Fidelity Custody while diversifying its asset management and security through Coinbase Prime. This multi-faceted approach underscores MicroStrategy's dedication to maintaining the integrity and security of its cryptocurrency investments.
Market Performance and Outlook:
In tandem with MicroStrategy's ( NASDAQ:MSTR ) bold Bitcoin acquisitions, NASDAQ:MSTR stock (NASDAQ: MSTR) has experienced significant gains, surging by 6.77% trading at $733. With the prospect of surpassing the $700 mark once again, MicroStrategy's ( NASDAQ:MSTR ) strategic alignment with Bitcoin's upward trajectory continues to fuel investor optimism.
Reflecting on Success:
The meteoric rise of both MicroStrategy ( NASDAQ:MSTR ) stock and Bitcoin price underscores the symbiotic relationship between traditional finance and the burgeoning cryptocurrency ecosystem. As NASDAQ:MSTR stock continues its ascent, propelled by Bitcoin's meteoric rise, MicroStrategy ( NASDAQ:MSTR ) remains at the forefront of revolutionizing the intersection of traditional finance and blockchain technology.
$MSTR Cup and HandleQuite an usual looking deep Cup and Handle with small pullback. Narrative is that CRYPTOCAP:BTC will continue its third leg uptrend and will likely do so when stocks will retrace following such strong extended rally. NASDAQ:MSTR will be a stock to watch IMO DYDD.
MicroStrategy's Market Cap and Potential S&P 500 InclusionMicroStrategy ( NASDAQ:MSTR ), a Bitcoin development company, has seen a surge in its shares, driven by the rise in Bitcoin prices, and now holds over $10 billion worth of BTC. The company's market capitalization currently stands at approximately $12.4 billion, which is not too far from the $15.8 billion required for inclusion in the S&P 500 Index. This index tracks the large-cap U.S. equity market across 500 companies.
If it qualifies for the S&P 500 Index, MicroStrategy's ( NASDAQ:MSTR ) shares could see new demand from passive SPY investors, who are not necessarily seeking Bitcoin exposure. According to experts, inclusion in the index could trigger a positive feedback loop, benefiting Bitcoin, as MicroStrategy's primary goal is to acquire as much BTC as possible.
MicroStrategy ( NASDAQ:MSTR ) has marketed itself to investors as a Bitcoin ETF with perks, including cash-generative operations and the ability to leverage capital markets. However, experts caution that using NASDAQ:MSTR as a proxy for Bitcoin exposure is misguided. The company is exposed to a wider range of variables, such as management expertise and lending environment.
Inclusion in the S&P 500 Index is not guaranteed, as eligible companies must fulfill several criteria, including being domiciled in the United States, boasting sufficient liquidity, and showing net positive earnings over their previous four quarters. Even Coinbase, a crypto exchange with a $39 billion market cap, has struggled with profitability over the past four quarters and has not made it into the S&P 500.
It's worth noting that exchange-traded funds, including Bitcoin ETFs, are also ineligible for the S&P 500.
MSTR to $850 soon, been following calls since $500, (NFA)Yep. MSTR bullish imo. could go to 900 pretty soon too.
MSTR Trade of the year so far and I was able to let it ride. 65% very quickly and this stock is probably just getting started. My only mistake was not sizing up more.
MSTR Bitcoin Boom: Saylor's Bold Moves Yield 46% Surge in a WeekMicroStrategy ( NASDAQ:MSTR ) has emerged as a beacon of innovation and foresight, led by the visionary Michael Saylor. As the clamor for cryptocurrency reaches a fever pitch, Saylor's strategic maneuvers have positioned MicroStrategy ( NASDAQ:MSTR ) at the forefront of the Bitcoin revolution, yielding a remarkable 46% surge in stock value within a single week.
Saylor's Revelations: Unveiling the Demand for Bitcoin ETFs
At the heart of MicroStrategy's meteoric rise lies Michael Saylor's keen insight into the burgeoning demand for Bitcoin Exchange-Traded Funds (ETFs). With investors clamoring for traditional avenues to access the digital currency, Saylor's bold assertion of a tenfold increase in ETF demand underscores MicroStrategy's ( NASDAQ:MSTR ) astute alignment with market dynamics.
MicroStrategy's Strategic Shift: From Software Titan to Cryptocurrency Leader
Gone are the days when MicroStrategy ( NASDAQ:MSTR ) was solely synonymous with software solutions. Under Saylor's guidance, the company has undergone a seismic strategic shift, rebranding itself as a vanguard in the realm of cryptocurrency. By amassing substantial holdings of Bitcoin, MicroStrategy ( NASDAQ:MSTR ) has not only embraced the digital currency but has also cemented its status as a trailblazer in the field.
Despite this pivot, MicroStrategy ( NASDAQ:MSTR ) remains steadfast in its commitment to its core software and business intelligence offerings, which continue to serve as linchpins of revenue generation and client satisfaction. This delicate balance between tradition and innovation underscores MicroStrategy's versatility and resilience in a rapidly evolving market landscape.
Future Growth Strategies: Pioneering Financial Planning for the Digital Age
Looking ahead, Michael Saylor has outlined a vision for MicroStrategy ( NASDAQ:MSTR ) that transcends mere adaptation; it encapsulates a proactive pursuit of growth and value creation. By leveraging capital markets and exploring strategic initiatives such as stock splits and capital restructuring, MicroStrategy ( NASDAQ:MSTR ) aims to optimize its financial resources to fuel expansion and innovation.
Conclusion
In conclusion, MicroStrategy's ( NASDAQ:MSTR ) meteoric ascent amid the Bitcoin boom epitomizes the power of visionary leadership and strategic foresight. Under Michael Saylor's stewardship, the company has not only embraced the winds of change but has also harnessed them to soar to new heights of success and prosperity. As the cryptocurrency revolution continues to unfold, MicroStrategy ( NASDAQ:MSTR ) stands poised at the vanguard, a beacon of innovation illuminating the path forward for investors and industry titans alike.
MSTRAnother one that is BTC stonk beta that likely continues to perform well as long as BTC is in bull market. 1000+ before halving well within reason imo...
MicroStrategy's Bitcoin Bet Pays Off BigMicroStrategy ( NASDAQ:MSTR ), the pioneering business intelligence software giant, has been making waves in the financial world with its bold and unconventional investment strategy: accumulating Bitcoin as a reserve asset. Despite enduring a tumultuous journey through the volatile crypto market, the company's steadfast commitment to its Bitcoin accumulation strategy has paid off handsomely. With Bitcoin's recent surge past $47,000, MicroStrategy ( NASDAQ:MSTR ) finds itself sitting on unrealized profits amounting to billions of dollars. Let's delve deeper into this remarkable story of resilience, conviction, and staggering financial gains.
Unwavering Conviction Amidst Market Turbulence:
MicroStrategy's ( NASDAQ:MSTR ) journey into the world of Bitcoin began in August 2020 when it made its first substantial purchase of the cryptocurrency. Led by then-CEO Michael Saylor, the company declared its intention to continue accumulating Bitcoin regardless of market conditions. This unwavering conviction in the potential of Bitcoin as a store of value and hedge against inflation set MicroStrategy ( NASDAQ:MSTR ) apart from traditional corporate investment strategies.
Navigating Through the Crypto Winter:
The road hasn't been without its challenges for MicroStrategy ( NASDAQ:MSTR ). The late 2022 and early 2023 market crash sent shockwaves through the crypto space, causing significant financial losses for the company. Despite enduring consecutive quarterly losses and multi-million BTC impairment charges, MicroStrategy ( NASDAQ:MSTR ) remained resolute in its commitment to its Bitcoin accumulation strategy. This steadfast determination to weather the storm has proven to be a defining characteristic of MicroStrategy's approach to investing in cryptocurrencies.
The Rise of MicroStrategy's Bitcoin Stash:
Despite the challenges posed by market volatility, MicroStrategy's Bitcoin holdings continued to grow steadily. With each purchase, the company employed a dollar-cost averaging (DCA) strategy, ensuring that it capitalized on opportunities presented by fluctuations in Bitcoin's price. This disciplined approach to accumulation has seen MicroStrategy ( NASDAQ:MSTR ) amass a staggering 190,000 BTC over the past three and a half years, making it the largest corporate holder of Bitcoin.
A Lucrative Investment:
MicroStrategy's patience and persistence have finally borne fruit as Bitcoin's price surged above $47,000. With an average entry price of $31,464, the company's Bitcoin stash is now worth over $9 billion, representing a 50% increase in unrealized profits. Despite the temptation to realize these gains, MicroStrategy's CEO, Michael Saylor, has reiterated the firm's commitment to holding its BTC holdings for the long term, signaling confidence in Bitcoin's future potential.
Stock Performance Reflects Bitcoin's Trajectory:
The success of MicroStrategy's Bitcoin investment strategy is reflected in its stock performance. Despite facing criticism and skepticism from some quarters, MicroStrategy's stock price has soared by over 400% since implementing its Bitcoin-purchasing strategy. This remarkable appreciation underscores the symbiotic relationship between MicroStrategy's ( NASDAQ:MSTR ) stock performance and the trajectory of Bitcoin's price.
Conclusion:
MicroStrategy's bold foray into Bitcoin has proven to be a masterstroke, yielding unprecedented gains amidst the unpredictable landscape of the cryptocurrency market. Despite facing adversity and skepticism, the company's unwavering conviction, disciplined approach, and long-term vision have enabled it to emerge as a trailblazer in the realm of corporate Bitcoin investment. As Bitcoin continues to redefine the boundaries of traditional finance, MicroStrategy ( NASDAQ:MSTR ) stands as a testament to the transformative power of bold decision-making and unwavering conviction in the face of uncertainty.
MSTR - POTENTIAL UPSIDE MOVEMENTMicroStrategy (MSTR) is a company that holds over 190,000 Bitcoins and could potentially see an upward movement to $1,100+.
Beyond the charts, Bitcoin will soon experience a macroeconomic event, the Bitcoin Halving, scheduled for April 2024, which could trigger a cryptocurrency bull run.
MSTR is a safe bet for those who don't want to invest directly in cryptocurrencies but wish to bet on the next bull run.
What do you think?
MSTR Retracement Reaching a Potential Bottom MSTR is currently in a strong monthly trend since January of 2023. This past months selling has served as a potential retracement into a previous buyside imbalance. After price filled this void it began showing signatures of a market structure shift on the hourly time frame. Though I think it's still too early to claim bottom, price is surely leaving obvious hints before trending upward to December's High. Confirmation to me looks like price displacing the $528 level. From there I would position myself on the retracement of the impulse move taking out $528. Invalidation (stoploss would be $467)
Biggest trade of my career! $191,000I have been researching this company for a while now. I have decided to go all in on the trade. high risks, high reward. Microstrategy invest in bitcoin which is up. earnings call is today after hours and I feel this trade will take a few days to take profits.
microstrategies The weekly apex is not until ~June (Q2) of this year.
The entire structure is being held by a weekly uptrend marked back in October 2023. Although current price is being held by a weekly support at $460, the uptrend is what important here.
Breaking below the uptrend will result in a drop the following tested supports at $304-$360
A break OUT of the apex will result in a move up to the tested resistance at $711, then $785 if $711 breaks. considering $711 has already been tested there is a chance that it will likely reject hard at $785.
