MSTR: Prime Opportunity for a Rebound as Buyers Take Control Bullish Analysis for MSTR:
MicroStrategy (MSTR) has recently dropped alongside the broader crypto market, but strong buying momentum is emerging as buyers step in to buy the dip . The RSI is coming back from oversold levels, signaling potential for a rebound. As Bitcoin stabilizes and recovers, MSTR’s stock is likely to benefit from both the crypto rebound and its solid business fundamentals.
Trade Setup:
Take Profit 1: $370
Take Profit 2: $430
Stop Loss: $310
This setup offers a favorable risk-to-reward opportunity, with MSTR potentially poised for a bullish reversal.
Mstrlong
MSTR - Inverse H&S Pattern with Clear Breakout TargetThis is an Inverse Head and Shoulders pattern on MSTR 1-hour
Risk/Reward Analysis:
Entry Price: $440
Stop Loss: $400
Target Price: $520
Risk/Reward Ratio: 1R:2R
Details
Clear neckline breakout level around $440
Downside risk zone marked in red (-$40 from entry)
Upside potential marked in green (+$80 from entry)
The setup presents a favorable technical structure with a strong risk-reward ratio above 1:2.
It’s Not Over Yet for $MSTR: New highs in Q1Looking at MicroStrategy NASDAQ:MSTR
I’m watching the $320-$330 range for a potential buy opportunity. This zone represents key support, and I believe it could be an ideal entry point for a potential bounce if it holds.
If that price zone fails to hold, I will be potentially looking to add below $300 to fill the gap.
MSTR Alert: Trend Reversal Sparks October Rally!The NASDAQ:MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.
The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, while NASDAQ:MSTR has been purchasing an average of $70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.
Future of MSTRI've had a position in MSTR for a few months now and even though it's one of the worst companies in terms of stability and providing rising returns to investors, I think that it has strong potential for a large upswing.
With the price of Bitcoin recovering and 28.36% of it's shares being shorted, I think that a short squeeze is imminent. I would even see it becoming the next AMC or GME if people start mentioning the corporate stupidity of Michael Saylor. I think that it's the riskiest asset in my portfolio and I don't intend holding it for long, I'm currently targeting the 600$-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.
MSTR - Weak Reporting.Q3 EPS of -$0.96 may not be comparable to consensus of $1.02.
Revenue of $126.36M (-1.3% Y/Y) beats by $0.56M.
The CEO of MicroStrategy again said that the company is not selling and does not plan to sell BTC, it plans to buy BTC in the future:
“We have not sold any Bitcoin to date. To reiterate our strategy, we seek to acquire and hold Bitcoin for the long term. And we do not currently plan to engage in sales of Bitcoin. We have a long-term time horizon and the core business is not impacted by the near-term Bitcoin price fluctuations.”
A spill is expected at least to the lower edge of the rand. Maybe, on the background of this event we will see Bitcoin at 15000.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Take profits out in fiat and make yourself and your loved ones happy.
MicroStrategy still heading sub $100I still think we will se a last trip down in the $BTC price before heading for $30,000 per coin.
No doubt that $MSTR is extremely sensitive to that PA. Which is also why this stock will become extremely valuable once $BTC travels to new ATHs.
Not only does the company own a ton of coins, but they also have the #1 advocate and spokesperson for Bitcoin as their CEO. That's why I can easily see $MSTR outperform $BTC in this cycle.
I've got a chunk of fiat side-lined for when we enter the drawn box. An area in which the stock has spend quite a lot of time in in the past.