0A7O trade ideas
MSTR - February 7, 2021Back on our watchlist is MicroStrategy Incorporated, a company that provides business intelligence (BI), mobile software, and cloud-based services. The company is most known for holding BTC on their balance sheet and advocating for cryptocurrencies' corporate use cases. In the fallout of the GME and WallStBets situation, there is overwhelming anti-institutional and anti-traditional market sentiment growing among retail traders. This, coupled with the increasing popularity of cryptocurrency in the mainstream, could cause BTC to soar in the short run. MSTR allows traders to have indirect exposure to BTC without the complication of holding crypto directly. With the potential for new ATH's this week in BTC, look for MSTR to soar if a breakout begins.
MSTR- recent action- short now, long laterHere we clearly see support\resistance bands within the recent action of the stock. This is not advice, but may prove useful in your daily trading.
Microstrategy to have a short-lived fall in the near termMicrostrategy to fall to the light blue line. If the crypto selloff continues and bitcoin reaches targets from $24,000 - $27,000, we may see Microstrategy touch the red line before any upside movement. Once the upside movement begins, the rally will be fun to watch - HH
Microstrategy 300% up since adopting #BTC as primary reserveMicrostrategy (MSTR) 300% up since adopting #BTC as primary treasury reserve asset
MSTR MICROSTRATEGYMSTR is heavily invested in BTC. It will follow the BTC market. If you don't want to buy BTC buy this stock.
Microstragey - It is safe to say Michael Saylor has been public face for Bitcoin bulls recently, which has helped push Micro Strategy stock through the roof.
The above weekly chart has just flashed a warning. A warning that price action is considerably overbought. The overbought condition (green column) has illuminated together with a break of Money Flow Index (MFI) support (bottom oscillator). We can also see sell pressure has increased significantly.
Risk / reward is unacceptable at this moment.
1st target $200
It is possible price action can move higher? Absolutely.
Is it probable? Unlikely.
Channel tradeStock has been hot since Bitcoin broke through 20k. Had a break down this week when bit pulled back over the weekend. It's back in its channel and the volume is half of what it was moving last week (Bad sign). Redlines are targets if its heading back down . I put an upside target incase bitcoin jumps 2k in which this stock would rally on the news
MicroStrategy Call Options: A Leveraged Bitcoin PlayBuying $MSTR call options, given the company's sizable Bitcoin holdings, has been a convenient way to speculate on rising Bitcoin prices with leverage. It's not uncommon for the stock to appreciate +10% on a 5-8% Bitcoin move, and the corresponding calls 500-1000% or more. This trade requires a hefty risk tolerance, as it goes south rather quickly if Bitcoin pulls back; also, the stock does not always trade as you'd expect given Bitcoin's chart for any given day, sometimes there is a delay in how the stock acts to the Bitcoin price. The premiums are also very high as well as the implied volatility; this requires patience and the understanding that you could lose 100% of your investment. If you are a Bitcoin bull, it's best to use a small % of your total portfolio allocation to this trade, keep 99% of your money in Bitcoin itself. When this trade works, however, you can use the proceeds from your +1000% gains on the call options to then buy more Bitcoin. This is not financial advice, good luck.
When Tether gets charged for FraudJanuary 15th lawsuit deadline for Tether/Bitfinex . Don’t get into a position before confirmation. Microstrategy puts.
When Tether fall the whole house will fall. GL
This post is for the poeople who don’t feel like shorting the ponzi throught these foreign scam unregulated crypto-exchange WHEN tether gets halted and found guilty for Fraud.
Microstrategy idea with 30% return on investmentMicrostrategy bullish idea for a massive 30% upside. Microstrategy allows the use of leverage to invest 2x your cash for larger gains. Comes with more risk but bigger gains.. Who doesn't want more gains? - HHAnalaysts .. We are not a finciancial advising company. Please invest at your own risk.
MSTR I'm not quite comfortable trading crypto. So far I've found this to be the next best thing.
Just an idea.
MSTR - December 20, 2020MicroStrategy Incorporated is a company that provides business intelligence (BI), mobile software, and cloud-based services. They are known as one of the most prominent institutional BTC investors after investing $ 250 million in August, and recently raising $ 650 million in debt with plans to purchase more. With BTC crushing past ATH's last week and breaking the $24, 000 level, look for MSTR to garner significant investor attention in the short term future. With the potential for BTC to test $ 25,000 levels in short term, look for MSTR to follow the largest cryptocurrency's movements throughout the week.
$MSTR tape weak for a Bitcoin playIt had a strong start but tapered off as the day progressed even though BTC was making new highs. $318.50 a good resistance area to open shorts for it to move back towards $280 region
Microstrategy iron butterfly 12/18 expiryMicroStrategy said on Monday that it plans to offer $400 million of convertible bonds in order to buy more Bitcoin. They already own $50 million of Bitcoin on their balance sheet. It's core business is the provision of enterprise analytics and mobility software. But since the CEO, Michael Saylor, said they are holding 75% of their balance sheet in Bitcoin, this has become more of a proxy to trade BTC price action value recently. I see a good potential options play here with an iron butterfly 12/18 expiry.
buy $290 call = $14.60
buy $290 put = $19.15
sell $320 call = -$9.25
sell $260 put = -$7.20
total = $17.30
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. 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, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
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
www.tradingview.com
MicroStrategy (MSTR)This company can be considered a BTC-ETF, on Tuesday 7th December it plans to offer $400 million worth of convertible bonds to raise funds to purchase more bitcoin. Proceeds from the private offering will be invested in the cryptocurrency "pending the identification of working capital needs," the company said.
As of December 4, 2020, MSTR held approximately 40,824 bitcoins that were acquired at an aggregate purchase price of $475.0 million.
