MSTR : 100% retracement done , now time to move upThis is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618. Have fun!
MSTR trade ideas
Opened (IRA): MSTR October 18th 119 Monied Covered Call... for a 110.75 debit.
Comments: I don't do a ton of single name in my IRA, but with earnings in the rear view and 30-day IV at 81.7%, taking a "poos and giggles" trade here, selling the -75 delta call against shares to emulate the delta metrics of a +25 delta short put, with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 110.75
Max Profit: 8.25
ROC at Max: 7.45%
50% Max: 4.13
ROC at 50% Max: 3.72%
Main Focus List Review 9-10-24 13 minutesGoing over our Main Focus list looking for A+ setups and how we can position for the upcoming CPI tomorrow.
BitCoin Update - Pre NFPTaking another look at these charts. Probably wont do another BTC update until something new happens.
Main Focus List REview 9-4-24 6 MinutesGoing over our Main Focus list looking for setups and A+ trade opportunities.
Nvda to $82Chart says it all, based on technical analysis.
This is not a financial advice for anybody.
Is Michael Saylor in prison yet? MSTR SELL SELL SELLA fool and his money are soon parted, the problem is, it's NOT HIS MONEY he's gambling with!!
What kind of irresponsible ceo gambles with investor funds and borrows money to buy Shitcoin? Shitcoin will go to ZERO! When the margin calls come and MSTR is insolvent Saylor will be charged criminally. Stock is garbage like Shitcoin
MSTR Top 10 SPY Company in 2025.
Michael Saylor has taken the all in method in accumulating Bitcoin and allowing large institutions to front run the cheap credit cards using senior convertible debt bonds.
He bypassed the SEC regulations and jumped in front of BlackRock. Now Blackrock late to the party is slowly allocating global pension funds to the IBIT fund while the recessions fear spreads in the market.
Bitcoin has been in a sideways accumulation period for 6.01months, the last time Bitcoin has been in a sideways accumulation this long was in late 2012-2013. When the market turns around and comes to reality that Institutions are allocating for the next decade and aren't planning on selling the Bitcoin price will start to run harder than 2017-2020 combined.
MSTR - Will become the Berkshire Hathaway of Bitcoin's world.
MSTR owns 266,500 Bitcoin
Blackrock owns 357,771 Bitcoin
Fidelity owns 179,267
Its pretty clear retail are making the biggest mistake in the market cycle drip feeding the Bitcoin like its not about to be repriced over $200,000.
And its clear why Michael Saylor stock split MSTR.
When does the market turn? my guess is when Blackrock get the options approved on their Spot ETFs. Once this is initiated it will allow them to essentially rob the blind who short Bitcoin and they will start rising allocations betting on their fund and using the profits to buy even more Bitcoin. Welcome to Wall Street Bitcoin.
Main Focus List REview EXT 8-26-24going over our Main Focus list looking for clues the market left as to where it wants to go. looking for setups and those with RS to trade vs the weak. Extended Hours REview 8 Minutes.
Main Focus List Review RTH 8-23-24Going over our main focus list looking for clues as to what the market wants to do. today is Jackson hole. size down. no A+ trade setups no trades for us today. less is more.
MSTR August 16, 2024: Expecting A New Buy PointDuring the last 10 sessions (August 5 to 16, 2024) NASDAQ:MSTR has been attempting multiple time to move up a resistance of $140 without success.
Therefore, a decisive move up $141 and closing above it EOD would be a valid buy point.
Whether it will happen or not, depends on BINANCE:BTCUSDT , which I also posted a buy point in the related ideas section a few days ago. A buy stop order was placed but still not triggered so far.
Main Focus List EXT 8-22-24Going over our main Focus list EXT sorry guys forgot to post this. been very busy trading day. make good decisions and review the tape for the day. reflect on all your trades today. today is an excellent day to replay over and over and over again.
MSTR LongLarge bid absorption could be signifying a reversal from downtrend. Unless a big seller steps in this could run.
MSTR vs AMZNMSTR broke out of long-term resistance, similar to AMZN in 2010. Currently, it’s consolidating above the high and trying to form a base before continuing its upward trend. With the power of Bitcoin, MSTR holders may enjoy a long ride up in the next few months.
MicroStrategy (MSTR) are indeed several bullish indicator
Recent Price Action: The stock is currently trading at $133.04, up 1.11 (0.84%) on the day, showing positive momentum.
Technical Indicators:
Multiple "pocket pivot" points are visible, which are often bullish signals.
Several "MA crossover" points are noted, potentially indicating trend changes.
Future Projection: The green arrow pointing upward suggests a bullish forecast, with the price potentially reaching around $200 in the future.
Support Level: There appears to be a support level around $120-$130, which the stock has bounced off recently.
Volume: The volume bars at the bottom show some increased activity, which could support the bullish case if it's buying volume.
Financial Data: While recent quarters show negative EPS, the Aug 2023 report shows positive EPS of $0.15, a 102% increase year-over-year.
Market Cap: At $22.75B, it's a substantial company with liquidity.
RS Rating: The Relative Strength rating of 86 is quite high, indicating strong performance relative to the market.
However, there are some cautionary notes:
Recent Financials: The last three quarters show declining sales and negative EPS growth.
Volatility: The stock has shown significant price swings, with a high of $183.70 visible on the chart.
MSTR may not be advisable to go longBased on the chart analysis of MicroStrategy Incorporated (MSTR), it may not be advisable to go long at this time. Here are the key reasons:
Technical Indicators
Current Price (CMP): $131.28, which is below the 50 MA, 150 MA, and 200 MA, indicating a bearish trend.
Moving Averages: The stock is not meeting the criteria for a bullish trend reversal as per the Mark Minervini template.
Relative Strength (RS) Rating: 84, which is decent but not supported by other bullish indicators.
Earnings and Sales
Recent earnings show a significant decline, with a 478% drop in EPS and a 7% decrease in sales year-over-year.
Volume and Market Sentiment
U/D Volume Ratio: 0.9, suggesting more selling pressure than buying.
Volume Trends: Recent volume is lower than the average, indicating reduced trading interest.
Conclusion
The stock does not currently meet the criteria for a strong buy according to the Mark Minervini template, and the technical indicators suggest a bearish outlook. It may be prudent to wait for more positive signals or a trend reversal before considering a long position.
MSTR: Note these key points. | H & D Charts Analysis |1-Hour Chart (Left Side)
On the 1-hour chart, the price is experiencing congestion between the support level at $126.97 and resistance at $141.65. This range-bound behavior indicates uncertainty and a lack of clear directional momentum. The price has repeatedly bounced within this range, and a breakout either above the resistance or below the support will likely dictate the next move.
Daily Chart (Right Side)
On the daily chart, the price is currently facing resistance from the 21-day EMA, which is a critical short-term resistance level. This resistance coincides with the upper boundary of the congestion zone identified on the 1-hour chart, making it a significant level to watch. The rejection at the 21-day EMA suggests that the stock may struggle to gain upward momentum unless it can break above this resistance convincingly.
The overall trend has been downward, as indicated by the 21-day EMA sloping downward, but the congestion and consolidation in the shorter timeframe might be hinting at a possible shift, though it remains uncertain without a clear breakout.
Key Levels to Watch
Support: $126.97 is the critical support level to monitor. A break below this level could lead to a retest of lower levels, possibly down to $101.00.
Resistance: The 21-day EMA around $141.65 is the immediate resistance. A break above this level could signal a potential reversal or continuation of a bullish trend to its next technical resistance at $183.70.
Summary
MSTR is currently in a consolidation phase within a defined range on the 1-hour chart, with key resistance at the 21-day EMA on the daily chart. A breakout from the current range will likely set the tone for the next significant move, making the levels mentioned above crucial for us to monitor closely.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
Main Focus List Review RTH 8-20-24Going over our Main Focus List RTH looking for clues as to how we could have traded better and where our Focus list wants to go. important that we review our trades daily and go over our stock universe constantly. Do the easy work. don't let comfort and ease steal your dreams. we are Conquerors of Dreams.
Main Focus list 4hr RTH review 8-18-24Going over our Main Focus List RTH and coming up with a plan on how to trade the upcoming sessions. narrow our focus and trade the best of the best. the top 10%. manage risk and go with the trend till price is ready to pullback.
South Korea’s National Pension Scheme Invests in MicroStrategyIn a significant development, South Korea's National Pension Scheme (NPS) has taken a substantial position in MicroStrategy (Nasdaq: NASDAQ:MSTR ) stocks, marking yet another strategic foray into the cryptocurrency sector. According to the 13F filings recently submitted to the U.S. Securities and Exchange Commission (SEC), the NPS acquired 245,000 shares of MicroStrategy during the second quarter of 2024. This investment, valued at 46 billion won ($33.7 million), highlights the growing institutional interest in cryptocurrency-related assets, particularly from major global players.
Riding the Crypto Wave: NPS's Strategic Play
This isn’t the first time the NPS has made a bold move into the U.S. crypto markets. Last year, the pension scheme made headlines by purchasing 282,673 shares of Coinbase (Nasdaq: NASDAQ:COIN ) during the third quarter of 2023. That investment has since tripled in value, with the COIN stock price soaring from $78 to $222 by the end of the second quarter of 2024. The NPS’s recent investment in MicroStrategy raises the question: Is the pension scheme anticipating a similar rally with MSTR stock?
MicroStrategy: The Ultimate Bitcoin Proxy
MicroStrategy (Nasdaq: NASDAQ:MSTR ) has long been recognized as the largest corporate holder of Bitcoin, currently holding over 1% of the total Bitcoin supply. This makes the company a unique proxy for investors seeking exposure to Bitcoin’s price movements. The NPS’s acquisition of NASDAQ:MSTR stock aligns with this strategy, capitalizing on MicroStrategy’s strong ties to the cryptocurrency market.
Adding to the excitement, the U.S. SEC recently approved a leveraged MicroStrategy ETF (MSTX), issued by Defiance. This ETF offers investors 1.75x exposure to MicroStrategy’s daily stock returns, providing an innovative and regulated way to amplify exposure to Bitcoin through MicroStrategy. This new ETF has the potential to attract a broad range of investors looking to maximize their gains in the burgeoning crypto market.
Institutional Appetite for Bitcoin Grows
The NPS’s move is part of a broader trend of institutional investors increasing their exposure to Bitcoin and cryptocurrency-related assets. The launch of spot Bitcoin ETFs has provided a regulated and accessible way for institutions to invest in Bitcoin, and several U.S. state investment boards have seized the opportunity.
For instance, the State of Wisconsin Investment Board (SWIB) recently revealed significant exposure to the BlackRock Bitcoin ETF, continuing its Bitcoin ETF investments for two consecutive quarters. Similarly, the State of Michigan Retirement System disclosed a $6.6 million investment in ARK 21Shares Bitcoin ETF (ARKB) last month. Even city governments, such as Jersey City, have expressed interest in making Bitcoin investments via ETFs, as announced by Mayor Steven Fulop.
What’s Next for MicroStrategy and Bitcoin?
As more institutional players like the NPS seek exposure to Bitcoin, the demand for related stocks and ETFs is expected to grow. MicroStrategy’s position as a key Bitcoin proxy, coupled with the new leveraged ETF, could lead to further appreciation in NASDAQ:MSTR stock, especially if Bitcoin continues its upward trajectory. Investors and market watchers will be keen to see whether the NPS’s bet on MicroStrategy pays off as handsomely as its previous investment in Coinbase.
In conclusion, the South Korea National Pension Scheme’s investment in MicroStrategy (Nasdaq: NASDAQ:MSTR ) shows the increasing confidence and interest from institutional investors in the cryptocurrency space. As Bitcoin and its associated financial products continue to gain legitimacy and attract large-scale investments, MicroStrategy (Nasdaq: NASDAQ:MSTR ) stands poised to benefit from its deep entrenchment in the crypto ecosystem.
Main Focus List Review EXT 8-16-24Going over our main focus list EXT times pre Open and looking for setups and how we want to trade today. It is OPEX so expect some volatility. getting our first micro dip today. no A+ trade No trade for us today. learned a lot this week and will update our trading plan over the weekend. couple steps closer is the goal and we definitely achieved that this week.
MSTR TO ALL TIME HIGHS - CRYPTO 2025 ROCKETEvidently, it has come to our attention that after MSTR's split, and the recent sell off, we're likely to see some consolidation on MSTR for the short term but likely to increase in value due to number of bitcoins strategically bought and how the price of bitcoin will fuel the pump of MSTR. Happy Halloween/Happy Valentines.
Non-financial advice. Gamble at your own risk and discretion.
