MSTR LongLarge bid absorption could be signifying a reversal from downtrend. Unless a big seller steps in this could run.
MSTR trade ideas
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.
STRATEGIC PURCHASES AT A MICRO PRISE!Following the lead of other tech giants like NVIDIA, which we covered in May, MicroStrategy has decided to make its shares more accessible to investors. The company recently announced a 10-to-1 stock split, and trading at the adjusted price begins today, August 8!
Today's business world cannot function without in-depth analysis of vast amounts of data. Founded in 1989, MicroStrategy (#MicroStrgy) is one of the largest companies in this field. It continues to strengthen its market position and attract attention with its innovations. This multifunctional data analytics platform offers visualization, integration with various databases, and machine learning capabilities—just a few areas where MicroStrategy excels.
The maximum price of MicroStrategy shares on NASDAQ reached $2,000 per share, and in 2024, the peak growth in value reached 194%! Our analysts believe that after the stock split, the company will be able to attract even more funds, ensuring further growth.
Shares of this tech market giant offer several advantages:
Powerful data analytics platform: MicroStrategy offers a multifunctional system that allows users to easily process and visualize data, making analysis accessible to a broader audience. The software supports integration with various databases and APIs, enabling companies to use data from different sources in one place.
Diverse client base: MicroStrategy serves clients from various industries, including finance, healthcare, retail, and technology. This diversifies risks and creates a sustainable source of income.
Smart predictions and analytics: The platform includes machine learning (AI) and predictive analytics features, allowing companies to analyze past data and forecast future trends. Based on Big Data, the algorithms provide an accurate picture of upcoming events.
Bitcoin acquisition strategy: MicroStrategy actively buys bitcoin, giving shareholders indirect exposure to the cryptocurrency market. The success of this strategy could lead to significant growth in the company's shares, especially amid increasing interest in cryptocurrencies.
Growth in subscription services revenue: In Q2, the company earned $24.1 million from subscription services, a 21% increase compared to the previous year.
Additionally, according to a report on the company's official website, MicroStrategy holds 226,500 BTC with a total value of $8.3 billion, and the return on these holdings since the beginning of the year has been 12.2%.
Founder Michael Saylor knew how to strategically allocate the company's funds. You can profit from this as well, with a high probability of a new wave of growth in MicroStrategy's stock price (#MicroStrgy)!
Is Micro strategy about to collapse 70% in 2024??There is a number of reasons for this outlook.
1) Price action and RSI support breakouts. (price action breakout observable on regular chart, this is a logarithmic).
2) Strong negative divergence between price action and the oscillators. The strongest recorded since 2018 when it was bullish. Same oscillators.
3) The long ideas on this platform and elsewhere is incredible. Everyone is bullish on Saylor shill. Like Pied Piper leading his flock out to sea, they gladly follow.
4) Why 70% ?? Very simple, it is a first confirmed level of support. There is nothing between here and there without confirmed support.
Is it possible price action continues upwards? Sure.
Is it probable? No.
Ww
MSTR Can Double Your GainsMicrostrategy has been the foremost Bitcoin related stock outside of the miners or ETFs.
Ive noticed that MSTR tends to be significantly better correlated than some of the other BTC related plays, however you must be careful as it acts as a leverage play as BTC moves. You will generally see MSTR move 2x - 3x the percentage move of Bitcoin.
Looking through the chart, we can clearly see a bullish trend on the hourly time frame, however we may have potentially reached a physiological limit at $2k as price rallies before a sharp rejection.
I would be welcome to a nice pullback towards the lower level range around $1600 where MSTR left a large gap prior to pumping. This would be a strong buy zone if Bitcoin continues to rally to new all time highs.
MSTR: A Major Breakout! (D&W charts).MSTR is demonstrating significant bullish momentum as observed on both the daily and weekly charts.
On the daily chart, MSTR has recently broken out above the critical resistance level of 1740.00. This breakout is supported by the ascending trendline that has been in place since early May, providing a clear upward trajectory for the price. The 21-day EMA, currently at 1519.87, is also acting as a dynamic support, reinforcing the bullish sentiment.
The weekly chart further confirms this bullish outlook. The price has continued to climb, now targeting the next resistance level near 2000.00. This level is significant as it marks a psychological barrier and previous high. The 21-week EMA, positioned at 1384.16, shows a well-established uptrend that has been respected over the past several months. The recent price action indicates strong buying interest, as evidenced by the solid bullish candles forming in the past few weeks.
Could it reverse the bullish sentiment? Sure, but it will need to reject last week's candlestick along with the 21-day EMA. For now, MSTR is above its support levels, not demonstrating any top signal, while it is breaking its key resistance at 1,740. Therefore, the sentiment is very bullish for now.
Overall, MSTR's price action suggests a robust upward trend, with key levels of support and resistance clearly defined. The break above 1740.00 on the daily chart, coupled with the sustained uptrend on the weekly chart, points towards continued bullish momentum, potentially targeting the 2000.00 resistance level in the near term. We should keep an eye on these levels and the underlying EMA support for any signs of reversal or continuation in this trend.
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.
Microstrategy Inc. The Money SongMicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday.
The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for the price of bitcoin, which has been stuck in a tight range since about March, but which many investors expect to rebound in the second half of the year.
The shares rose about 6% but are currently about 34% off an all-time high of $1,999.99, reached in March of this year.
In technical terms Microstrategy tripled in price over the past 12 months and doubled in price in 2024, outperforming the major crypto assets like BTC, ETH, and Total crypto market cap as well.
The main technical graph indicates perhaps it has much more to deliver.
//
Money talks
Money shouts
Don't take much to hear
Like it or not
You need a lot
If you're gonna make a life down here
MSTR Explosion IncomingI've been talking about my change to being bullish on BTC a lot lately and I've been looking at some ways to get long exposure. MSTR owns a lot of Bitcoin and plan to keep buying it. The company will continue to increase in value as BTC rises based on that alone, not to mention all the other revenue channels.
I don't know if I'd call this a cup handle, but it does have a lot of the characteristics. Large rounding bottom followed by a downtrend/bull flag after. It's currently near ATH and I expect it to break above soon. The problem is that it's already fairly overextended, however if it does break ATH it will most likely lead to another explosive leg up. It's a risky proposition at the moment, it could end up with a double top at ATH, but trade comes without risk.
Planning to buy calls for ATH by end of year. Did really well on my MSTR puts. Bought OTM puts and the very next day it was down over 30%.
Good times, but this looks like it offers better odds on the bull that the bear side now.
As shown in the main chart, this may be an ABC correction into waves 1 and 2 of Elliot. If that's the correct count- then it's nothing but up starting soon.
Even in a more bearish pattern I can see a case for a spike to the high.
Also feeling bullish on BTC now. Contingent upon this being a low made here, I see a new high as likely.
I think now it's, actually, a good time to be having discissions about BTC being above 100K within 6 months.
I felt the previous forecasts I've seen people make at the highs were optimistic - but now, BTC over 100K by the end of the year I believe has a real shot.
Worth trying some OTM calls betting on this.
MICROSTRATEGY BreakoutMSTR is setting up for new all time highs, we are witnessing a breakout today. This high volume node that we are at is likely, in my opinion, re-accumulation. Not financial advice. DYOR
MicroSrategy Shows Bullish Triangle-Brekout In ViewLooking at MicroStrategy, there is a very nice recovery from the 1190 area, but prices are not yet breaking out. Currently, there is some consolidation near the upper side of this contracting range around 1660, which could represent the upper levels for sub-wave D of a trinagle. Triangles are structured by a-b-c-d-e subwaves, so I assume that the price can still pullback a bit, and possibly fill the gap near 1400, from where I would be looking for the next move higher.
GH
1774 seems to be its final hurdleWhat a number to carry this patriotically to the 2000s would be an exceptional finish to what's been a specular ride from the moment we alerted you about it.
MSTR | Potential Reversal We are currently observing interesting price action at the Purple Line - Strong Pivot level on MSTR. The price has been in a clear downtrend but recently found support at this key level. Here’s a breakdown of what’s happening:
✅ Key Support Level: The Purple Line - Strong Pivot level has provided support, preventing further decline for now.
⚠️ Price Action: After a strong bullish bounce, the price shows indecision with small-bodied candlesticks.
✅ Volume Analysis: There is an increasing relative volume average, indicating heightened interest and activity at the support level. The bounce was accompanied by a significant volume spike, suggesting strong buying interest.
➡️ Potential Trading Strategy:
Wait for Confirmation: Look for further bullish confirmation, such as a continuation of higher volume on bullish candlesticks or a break above recent highs.
Entry Point: Consider entering a long position if bullish confirmation is observed, with a stop loss placed just below the Purple Line - Strong Pivot level to manage risk.
Target: Potential upside targets include $1500 (Gray dashed line)
Caution: If the price fails to sustain above the Purple Line - Strong Pivot level and volume declines, the downtrend may resume. Monitor the price action and volume closely for further signals.
Stay tuned for more updates and happy trading! 🤘🏻🤑
MSTR MIcrostrategy - Tri break out its going up! Bullish case
long term trend up
triangle break out moving up
This is good evidence that the bull has reasserted itself in crypto land
If BTC moves up MSTR will move up, as its big breakout with targets from a triangle it suggests to go long BTC
Those in the know are buying up MSTR because it holds so many BTC and they are allowed to buy MSTR as a BTC play. Many fund managers are allowed to buy MSTR if they are not allowed to buy BTC yet. Anyway its going up according to the chart.
This is not advice only educational purposes
1450 perfect place to go on up from hereWith everything ready to start the reversal, it will be an excellent ticker to watch closely. I believe every indicator, sector, and strategy in place can position it so it may move in both directions with extreme volatility.
