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!!
0A7O trade ideas
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).
M patternShort interest is over 25%.
Almost a big rectangle but not quite. I could not find points to connect for a triangle either
I am not sure exactly what this company does so I looked it up.
MicroStrategy 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 and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting, which offers customers with architecture and implementation services to help them quickly realize results, as well as helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that provides free and paid learning options, as well as holds and acquires bitcoin. The company offers its services through enterprise sales force and channel partners. It serves companies from a range of industries, including banking, technology, consulting, manufacturing, insurance, healthcare, and telecommunications, as well as the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
No recommendation/Possible Bat/ Will update if this goes down past the 1.113.
$MSTR: Short to hedge crypto bagsNASDAQ:MSTR has been a pretty good vehicle to short against Bitcoin holdings, a small position can act as a hedge for a larger Bitcoin allocation, which is convenient.
A new short setup is popping here, confirms on close today.
Should go down for 12 business days.
Best of luck!
Cheers,
Ivan Labrie.
MSTR - Rising Trend Channel [MID TERM]- MSTR shows strong development within a rising trend channel in the medium long term.
- The stock has broken an inverse head and shoulders formation.
- A decisive break of the neckline at approximately 311 will signal a further rise to 660 or more.
- The stock is between support at 284 and resistance at 354.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
MSTR BULL RALLY AHEADFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
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MSTR Long -Daily is Testing the Daily 20 and 50 ema area
-Daily is in a clear up trend making HH / HL
-MSTR is highly correlated with BTC and Crypto in general which is currently in an uptrend as well
-Entry came at the break of the 1h wedge
-The wedge pattern could also be taken as a flag which is a reversal pattern (in this case going long)
-MACD
-Price is testing a good support level which once was a major resistance level at 290
-Expiration for 5/19 looking to take this to the upside
MSTR to 443,69 It's possible ?Hello dear traider,
Let's look to MicroStrategy .
1. We have bullish trend.
2. New hight.
3. At this moment do correction move.
4. At 262.5 whe have 50% FVG
5. Around 239-263 $ have :
- 50% fibo
- Fvg
- bullish cloud ichimoku
- bullish Order blok
But.......
1. Whe don't retest ob on 144$
2. 144-220 $ have big liquidity
I think we must w8 bulish I-CHoCH in 262.5 (15m chart) for future long position.
Remember trend your friend
With love from Ukraine
Your Cool
MSTR potential to run-up to $520 in a short amount of timepotential movement showing in the charts, and the movement is showing that it should be done come the mid/end of April.
This push up to 290-303, can potentially keep going with it catching support.
Important areas are marked.
Potential paths marked, but don't pay much attention to those, as they change really quickly. It's more important to follow the indicators, trends, and specific numbers.
That red/pink trend heading upwards is fairly strong, if it hits, I'd sell.
The Middle green trend is weak.
The bottom green trend is fairly strong.
I think this stock pushes back to 900 or more by early next year
MSTR D1 UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
The Melt Up Moonshot The melt up moonshot...
The market is incredible miss positioned for this bull run, this is actually worse then 2020 as Fund managers had an entire year of stacking short positions for the coming recession.
Things like ATH Credit Card Debt and FED rate hike BS was feed to the masses and they ate it up, meanwhile all of my businesses(and everyone I know who owns a business) have been making record month after record month revenues.
Yes CC debt is at an ATH and Yes people have pulled a record amount of equity out of their homes and guess where it landed? Not in Amazon junk, that was 2021. In 2022 in landed in our pockets, main street is booming!
Take a look at MMF's, where main street business owners hold their cash before they need it. Its at a record high.
Let me ask you something, you think its gonna stay in a MMF for .5% interest? Or will it go into the stock market and get a 2% a week return in the s&p 500? My guess, the stock market.....
My position:
MSTR
29 $900 Calls for 12/15
5 $350 Calls for 7/16 - These will be rolled at $600 to increase leverage for the big move higher.
Future of MSTRI've had a position in MSTR for a few months now and even though it's one of the worst companies in terms of stability and providing rising returns to investors, I think that it has strong potential for a large upswing.
With the price of Bitcoin recovering and 28.36% of it's shares being shorted, I think that a short squeeze is imminent. I would even see it becoming the next AMC or GME if people start mentioning the corporate stupidity of Michael Saylor. I think that it's the riskiest asset in my portfolio and I don't intend holding it for long, I'm currently targeting the 600$-700$ range which is very possible if Bitcoin claims back it's previous highs.
Finally, I don't think MSTR has much of a future, their entire existence is based on Bitcoin which at the moment isn't the most stable. To be totally honest, there are barely any fundamentals behind my position, just hopium.