0A7O trade ideas
Overlooked BTC ProxyIf the supercycle/blow-off-top theses hold true, MSTR could see a fast slingshot to, and likely past, previous highs in January. The move in January seemed to front run the sequential BTC rally to ATHs. MSTR fell while BTC gained over the following months into May. Stock is pretty much pricing in just the BTC holdings, so you get the core biz for free.
$MSTR Rounding bottom reaccumulation IH&SCall it a rounding bottom reaccumulation, ARC, or cup and handle, but its obvious we are turning around here on $MSTR and printing a potential inverse head and shoulders with hidden bullish divergence on the MACD
Provided bitcoin makes new highs after the spring backtest here, i think we will start hitting some of these deeper retraces here on MicroStrategy
Symmetrical Triangle /Earnings 10-28 A symmetrical triangle is neutral until a trendline is broken with a trend in that direction. MSTR has not beat earnings since 01/2020.
Earnings are 10-28 after market close.
Usually moves with crypto.
Not sure an earnings miss is conducive to a symmetrical triangle but time will tell. And they may beat )o: Life is a gamble I suppose. I think I will wait and see how this one plays out.
No recommendation.
Short interest is a bit over 24%
Who knows?
MSTR short trade As part of my ongoing accumulating of traders against cryptos and stocks with a lot of exposure to crypto, I am looking to add MSTR to my short portfolio. This has had its first bear break, correct and and I think it's soon due to make another move down. My first target will be the 161 extension.
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Looking for an ABC correction down to the 0.618 from here.Right now we're trading around and between support and resistance after filling a a gap visible on the weekly but now i would expect that we would make a lower high in this area and we will begin descending down to the 0.618 retrace from weekly low to high.