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Bakkt Holdings, Inc.Bakkt Holdings, Inc.Bakkt Holdings, Inc.

Bakkt Holdings, Inc.

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BKKT trade ideas

Interesting!- BKKT short/long trend for the next 3 - 6 months Hello Traders, What are your thoughts on this? I believe this is my first published opinion since my 2018 subscription. This is just to get a feel of the tools available here on TradingView. Please feel free to review and let me know whether the overall range of movement is measurable. I have provided some resistance levels (higher highs and lower lows, uptrend and downtrend channels for both short and long term perspectives. There is a zone to show a potential halting/yield area and also some price labels on the side for the high/low probability, between a bearish and bullish runs. Hopefully it all makes sense. Please don’t forget to like and share your thoughts in the comments! Disclaimer: The content on this website does not constitute professional advice. The information provided in this chart is for general informational purposes only. All data and analysis are based on publicly available information and are subject to change without notice. We do not guarantee the accuracy, completeness, or reliability of the information presented. Any investment decisions made based on this information are at your own risk. Please consult with a qualified financial advisor before making any investment decisions.
NYSE:BKKT
by Starfrazer
Bakkt Holdings Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Bakkt Holdings Inc. - Double Formation * (Neckline) At 15.1000 USD * Retracement Numbered | Subdivision 1 - Triple Formation * Pennant Structure | Entry Bias | Subdivision 2 * 28.2000 | Area Of Value | Subdivision 3 * Daily Time Frame | Trend Settings Continuation Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:BKKT
by TradePolitics
BKKTThis is a corporate action where a company reduces the number of its outstanding shares and simultaneously increases the price of each share proportionally. For example, in a 1-for-10 reverse split, if you held 100 shares priced at $1 each, after the split, you would hold 10 shares priced at $10 each. The overall value of your holdings doesn’t change immediately because of the split, but the per-share market price increases. Companies might undertake a reverse split to boost their stock price and avoid being delisted from stock exchanges that have minimum share price requirements.
NYSE:BKKTLong
by AntonioNaVi
1
Crypto in Wonderland: Bakkt's Quantum Leap into the MetaverseIn the dynamic world of cryptocurrency, one company stands out amidst the digital tumult: Bakkt Holdings, Inc. (NYSE: NYSE:BKKT ). With a recent surge in its stock following the release of robust Q4 results and an ambitious outlook for FY24, Bakkt ( NYSE:BKKT ) is poised to redefine the industry's landscape. A Strong Financial Footing Bakkt's ( NYSE:BKKT ) Q4 earnings report showcased remarkable growth, with quarterly gross crypto services revenues soaring to $199.4 million, reflecting a staggering increase from the previous year. This surge in revenue was complemented by a strategic focus on expense management, evidenced by a substantial decline in operating expenses, excluding crypto costs. Moreover, Bakkt's recent completion of a direct offering further bolsters its liquidity, underlining a commitment to fortify its financial position. Strategic Initiatives for Growth Central to Bakkt's success narrative are its strategic initiatives outlined for FY24. The company's focus on broadening its client network and deepening existing relationships underscores a commitment to fostering long-term partnerships. With an eye on international expansion, particularly in Latin America and Asia, Bakkt ( NYSE:BKKT ) aims to capitalize on emerging opportunities. Product Expansion and Innovation Bakkt's foray into institutional crypto capabilities marks a pivotal juncture in its evolution. The recent launch of Collaborative Custody, in collaboration with Unchained Capital, underscores Bakkt's commitment to enhancing security standards in digital asset storage. Moreover, the imminent launch of institutional trading services promises to deliver a high-performance, low-cost trading venue, catering to the evolving needs of institutional clients. Prudent Expense Management A key pillar of Bakkt's strategy lies in prudent expense management. By diligently curbing operating expenses, Bakkt ( NYSE:BKKT ) aims to preserve its strong balance sheet and ensure judicious capital allocation. This disciplined approach not only enhances financial resilience but also instills investor confidence amidst market volatility. Charting a Path to Profitability With a revised outlook projecting substantial revenue growth for FY24, Bakkt ( NYSE:BKKT ) is steadfast in its pursuit of profitability. By leveraging its enhanced product suite and strategic partnerships, Bakkt ( NYSE:BKKT ) is well-positioned to capitalize on the burgeoning demand for cryptocurrency services. The appointment of Andy Main as President and CEO further ascertain a commitment to driving sustainable growth and value creation. Technical Outlook: Amidst the strong FY24 Reports, NYSE:BKKT is trading below the 200-day Moving Average with a weak Relative Strength Index (RSI) of 37.23 indicating a slow rising trend formation. The stock is up 4.44% in early market trading Tuesday.
NYSE:BKKTLong
by DEXWireNews
Watchlist 2023-03-21 $GOLD $AMZN $ON $WAL $ZION $PACW $RIOT $BKKSPY - gapping up into the top of the multi-day wedge top to 394.00 on news that the FED is CONSIDERING the option to backstop all distressed US bank deposits. This is effectively a bailout and another form of QE to increase liquidity. This also means that the fed's year end terminal rate could be more like 4.75 rather that 5.25, which bods well especially for tech. $AMZN - look juicy over 101. it will need to move a full ATR o $3 to get there but if we can position near the LOD and we see a trend day in tech, this could easily make it there and trade higher. For a trend day we'll need to see the $ADD pinned near +2000 and $VOLD ratio over 3. $ON - with strength in semis, ON looks prime from a breakout if it can hold over 80.85 Banks: $WAL, $ZION, $PACW Central bank backstopping national banks hasn't proven to be a catalyst yet for regional banks. All are stuck in a tight channel atm. But if we can start to see these names holding near the highs of the channel, potential for a BO. Gold Miners $GOLD - losing momo as risk on assets become more attractive - GOLD looking at 17.50 for support. Crypto: $RIOT $ Held 8.00 nicely PD. waiting for a pullback into support of 8.25 to structure a long. Need to see buyers step in at this level immediately. $BKKT - looks good for an inside bar BO over 1.50
NYSE:BKKTLong
by UnclePennybagss
$BKKT Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
NYSE:BKKTLong
by BADQOMOCAWGOWLD
1
BKKT upside potentialCryptocurrency exchange Bakkt has a partnership with Mastercard to offer crypto debit and credit cards. Bakkt has announced a separate deal with Fiserv . Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet. Manasquan Bank, a NJ-based mutual community bank will be participating in its early adopter program, which will allow the bank’s retail clients to buy, sell and hold cryptocurrency through the bank’s mobile banking app. I see an easy upside to $17.20 for the stock.
NYSE:BKKTLong
by TopgOptions