MSTR is a spicy buy now#Microstrategy is a spicy 🌶 buy now, down 61% from previous high of $884.
You’ll 3x your money from today’s bounce at $319 in the next few months.
First target break above the downtrend line, $669 to $761 right to fib retracement into the green fib box
Second is the bull flag breakout! The target 🎯 from impulse move up, move the flag pole over from the breakout will put #MSTR at new ATH of $1600
MSTR trade ideas
AKA MicroBrain StrategyThese guys have 122,500 Bitcoin (BTC) and have a total average purchase price of 30k with an average buy in of $3.66 Billion. Watch out if Bitcoin breaks below 30k.... who knows when the banks are gonna start calling and asking for their billions back... at the time of this article in December 2021, Microstrategy's BTC was valued at $6.13 Billion which is now as of this date worth about $4.25 Billion. At what point does Mr. Saylor sell???
www.nasdaq.com
That higher volume you see on the wave C is indicative of a wave C pullback and a blowoff top which is exactly what occured in 2021.
We might get a really good bounce to the upside before this red arrow takes effect but it's going to happen. Bitcoin is the riskiest of risk assets and these guys have $3.66 Billion worth of Bitcoin
Microstrategy Inc. Short Play- MSTR was down 17.84% for the day on Friday and down 254% off ATH's set in February 2021.
- Microstrategy Inc. have taken a company with $500M in revenue and book value of $500M earning 7% on equity and have borrowed $2.1 BILLION, sold $900M in Shares and Purchased $3.2 BILLION BITCOIN.
- MSTR is now a company with still only $500M in revenue but now has $2.2 BILLION debt, $550M in Equity and almost all of its assets in cryptocurrency.
- THIS IS TWNETY ONE TIMES NET DEBT TO EBITDA!!!!
- Market cap is at $4.1 Billion and falling fast, it was $13 Billion in February.
- Top 100 holders of MSTR include: Vanguard Group, Blackrock, Morgan Stanley.
Saylor vs. The SEC ...no winners here $MSTR #BTCInstitutional investors get hyper when they hear #SEC. Saylor and company told the SEC it used non-GAAP measures to give investors a fuller picture of its finances. If the company only showed declines in value, it would give “an incomplete assessment” of its Bitcoin holdings that would be “less meaningful to management or investors” in light of the company’s strategy to acquire and hold Bitcoin.
“We further believe that the inclusion of bitcoin non-cash impairment losses may otherwise distract from our investors’ analysis of the operating results of our enterprise software analytics business,” the company wrote.
MicroStrategy technical analysisAs per any trade entry position matters. MicroStrategy currently holds 114,042 Bitcoin on it's balance sheet. Here's MicroStrategy (MSTR) technical analysis 1 day chart:
52 week H = $1,315
52 week L = $377.12
Price levels 1 day chart:
SMA233 = $667.11
SMA144 = $655.74
SMA89 =$676.26
SMA55 =$693.81
Trend channel 1 day chart:
breakout = $737.12
R3 = $696.81
R2 = $656.50
R1 = $616.19
pivot = $575.85
S1 = $535.57
S2 = $495.26
S3 = $454.94
breakdown = $414.63
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
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Short Michael SaylorSaylor will be rapidly pushing out youtube interviews with his breathless whining voice at an increasingly panicked rate as bitcoin begins to plummet. His leveraged play to take out loans to buy Bitcoin has an avaerage position of $30K, once bitcoin falls below this, microstrategy descends into the pit. Watch the Feds announced a doubling of the taper rate to QE and a inclination to hike rates as a impetus to dump bitcoin.
3rd OF DECEMBER CHANGE - MICROSTRATEGY - MSTR - DAILYAn overall view of MicroStrategy company buying the BTC deeps and having his curve being more more correlated to the Bitcoin evolution.
We can see that overall , they were some FOMO in the first part the year 2021. But the price in finding support on an ascending probable trend marked by the green line.
The market rebonds on it every time that the Bitcoin went down. The 3rd of December have seen the market breaking the uptrend green line for the first time.
There is a probable horizontal very strong support which is in red. Next week will possibly be a major week for the MicroStrategy price evolution as it might evolve under the red horizontal super strong support. OR, do a strong pullback on it to try to find its normal uptrend.
Beware of volumes which are probably not that indicative. We have seen in the pass super strong volumes for not much price movement.
Not financial advice please do your own search.
Double BottomVolatile and seems to move with the coins. If the this leg does not get past the last high there could be a problem.
I do not see many earnings beats, mostly earnings misses, but does not seem to affect this one a whole heck of a lot!
Double bottom noted if that bottom holds. If I were to enter this now, I would put my stop below 563, well below it.
Growth is rated an A. Valuation and profitability, not so good. I read that they are deeply involved with blockchain.
Short percent is 20.2% which, for me, is on the high side. Market cap is 6.18 billion. PE 95. and EPS is 6.58. Estimated earnings 1-27-22.
I guess this is one you go with or you don't. LOL I never have but have wished I had the nerve in the past when it made huge gains. I guess for the most part I stay grounded, but I do like to look at the stars sometimes (o: I did take the time to research this so maybe I will keep an eye on it.
MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy 2021, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security. The company also provides MicroStrategy Support that helps customers to achieve their system availability and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting that provides customers with architecture and implementation services to help them quickly realize results, and helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that offers free and paid learning options. The company provides its services through enterprise sales force and channel partners. It serves companies from a range of industries, including retail, consulting, technology, manufacturing, finance, banking, insurance , healthcare, education, and telecommunications, as well as the public sector. The company was founded in 1989 and is headquartered in Tysons Corner, Virginia.
Perhaps I am not sure exactly what or everything this company does? If you know, fill me in maybe? Thx
Support lines could be struggling/not sure
Hopefully if you are long, the bottoms hold
#MSTR every reversal candle under the 200ema creates a bottomObservation: Every time MicroStrategy has dipped under its 200ema this year, a reversal candle print often signals a bottom. Is this time different or more of the same? might be an opportunity to buy here with a stop under the reversal candle low.
MSTR and COIN: What Will Monday Look Like?Hello friends, today you can review the technical analysis on the 1D chart for Microstrategy (MSTR) and Coinbase (COIN).
1) Coinbase and Microstrategy are both public companies that are intertwined in the cryptocurrency markets.
2) With the sizable drop in the crypto markets, the price of Coinbase and Microstrategy will be affected when the market opens.
3) CryptoPickk shows a possible price target for where the price may go to for both Coinbase and Microstrategy.
4) A Trend-based Fibonacci Retracement is shown for both stocks.
5) Coinbase price may be supported around the 0.382 fib level around $200-$205.
6) Microstrategy price may be supported around the 0.382-0.236 fib level around $450-$500.
7) As traders know, it is very hard to catch a falling price so just be careful when buying the dip.
8) Both stocks price target ranges are shown in a yellow color rectangular box.
It's not the time to get completely negative on the markets, but it is a time to start thinking about what to do next. Be cautious.
What are your opinions on this?
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
For your 401k, it's Microstrategy all the way!Not trading advice.
MS has been a huge supporter of Crypto and we thank and support Michael Saylor in his vision of bringing crypto awareness! <3 I tend to follow this chart a lot since I can't get btc into my 401k or roth right now. So this is my proxy. It's a laggard behind btc, so if btc pops, MS tends to just shortly after. Here we see we are coming to a great buy set up. This upward trend should take a bounce if we see BTC act with grace. Let's keep an eye out for this opportunity to stack a little more.
MSTR MicroStrategy - Downside potentialMicroStrategy's price is correlated with Bitcoin price. If we see a downturn in Bitcoin price in the short term, there may be a strong chance that MicroStrategy will also drop. One key area of support is the long term trendline outlined in the chart. The price point is around $590-610 range.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins