MSTR trade ideas
$MSTR - The Rocket Takes OffHere is the daily chart for $MSTR. With its recent inclusion in NASDAQ:QQQ , the stock appears poised for further growth.
From a technical perspective, the current triangle formation suggests potential downside movement toward $368, where the price may test the lower boundary of the pattern. Following this, I anticipate a bullish breakout to the upside.
The resistance near the previous all-time high (ATH) is unlikely to hold for long, and I expect NASDAQ:MSTR to surpass this level in its upward trajectory.
Why MSTR Could Hit $350 by April 2025Why MSTR Could Hit $350 by April 2025
MicroStrategy (MSTR) has positioned itself uniquely in the financial landscape by heavily investing in Bitcoin, making it not just a tech firm but also a significant player in the cryptocurrency space. Here's why MSTR might reach $350 by April 2025:
Bitcoin's Performance and MicroStrategy's Strategy:
Bitcoin has been on an upward trajectory, with recent spikes fueled by events like political developments (e.g., Trump's crypto-friendly stance). If Bitcoin continues this trend or even surpasses expectations, MSTR's stock, which acts almost as a leveraged bet on Bitcoin, could see substantial gains. Analysts have noted a strong positive correlation between Bitcoin's price and MSTR's stock value, sometimes suggesting a premium on MSTR due to its Bitcoin strategy.
MicroStrategy's Bold Bitcoin Acquisition:
Recent posts on X have highlighted MicroStrategy's commitment to the biggest Bitcoin buy ever at $42B. This aggressive accumulation could signal to investors that MSTR believes in a significant future value increase for Bitcoin, thereby potentially boosting investor confidence in MSTR shares.
Market Sentiment and Institutional Interest:
There's growing institutional interest in Bitcoin, which benefits companies like MicroStrategy. For instance, South Korea’s National Pension Service's investment in MSTR indicates a broader acceptance of crypto through established companies. Such moves could lead to increased demand for MSTR stock, pushing its price higher.
Inclusion in Major Indices:
Discussions around MSTR's potential inclusion in major indices like the S&P 500 could significantly boost its stock price. If MSTR becomes eligible for such an index due to its market cap or liquidity, it would attract more institutional investors, driving the price up.
Earnings and Accounting Changes:
With the adoption of new accounting standards allowing for digital assets to be measured at fair value, MSTR could report more favorable earnings. This could lead to a re-rating of the stock as the market recognizes the true value of its Bitcoin holdings, potentially pushing the stock towards the $350 mark or beyond.
Bullish Predictions and Analyst Upgrades:
Analysts from various platforms have shown optimism, with some forecasts indicating that MSTR could trade between $175.94 and $310.25 by 2025. While these aren't exact to $350, the sentiment is clear: there's an expectation of significant growth.
Supply Shock from Bitcoin Halving:
The Bitcoin halving event, which reduces the reward for mining new blocks, historically impacts Bitcoin's price positively due to the reduced supply growth rate. If this event leads to a substantial Bitcoin price increase, MSTR's stock should follow suit.
Macro-Economic Environment:
If the global economic environment continues to favor alternative investments like cryptocurrencies, MSTR, with its Bitcoin strategy, stands to benefit. Lower interest rates or inflation fears might drive more capital towards assets like Bitcoin, indirectly benefiting MSTR.
Bullish ascending triangle, hopium?Although subtle the lows of this range are ascending at a steeper angle than the lower highs are descending. This indicates, for the moment that there are slightly more buyers than sellers. However it could still go either way.
If we break the lower green trend the price must drop further to find more buyers before we can expect to recover.
MicroStrategy Set to Surge: Bullish Momentum Post-NASDAQ InclusiRecent Performance: MicroStrategy has seen heightened activity recently as it
prepares for its inclusion in the NASDAQ 100 index on December 23. The stock
price currently stands at 408.67, with market sentiment improving as
investors position themselves ahead of this significant milestone.
- Key Insights: The NASDAQ 100 inclusion is expected to enhance MicroStrategy's
visibility, potentially driving demand for both its stock and its primary
asset, Bitcoin. Analysts foresee significant gains driven by the
anticipation of heightened institutional interest and a strong correlation
with Bitcoin’s performance, which is projected to rise substantially in the
coming years.
- Expert Analysis: Market experts share a bullish outlook for MicroStrategy,
emphasizing its strong alignment with Bitcoin’s market trajectory. With
projections indicating Bitcoin could soar to around $100,000,
MicroStrategy's performance is expected to mirror this growth, making it an
attractive option for both retail and institutional investors.
- Price Targets:
- Next week targets:
- T1: 423.15
- T2: 444.00
- Stop levels:
- S1: 395.10
- S2: 381.99
- News Impact: The most significant event impacting MicroStrategy is its
addition to the NASDAQ 100. This inclusion is likely to bolster market
confidence, facilitating an increase in stock demand. Furthermore, the
bullish outlook on Bitcoin plays a crucial role in shaping investor
sentiment towards MicroStrategy, positioning it as a key player in both tech
and cryptocurrency markets.
In conclusion, with its NASDAQ 100 membership and strong Bitcoin holdings,
MicroStrategy presents a compelling investment opportunity as it embarks on a
potential upward trajectory into 2025.
MicroStrategy , just take a look .. :)i normally do only crypto, but i want to see if my charting style also works for stocks.
After a bullish +380% outbreak back in september,
NASDAQ:MSTR has made a bullish symmetrical triangle,
the apex (point where support and resistance come together) is almost reached,
if the uptrend breaks, the price might drop to around 220 - 230 dollar area.
if price breaks out bullish , price could reach 600 - 800 dollar between january and februari 2025
hidden bullish diversion in the RSI on bigger timeframe, bullish breakout coming ?
this chart is intended as training and NOT as financial advice
MSTR Ready To Soar On QQQ Inclusion News? Technicals now suggest a potential bull flag pattern, hinting at an imminent upward breakout soon.
Coupled with the exciting news of its inclusion in the QQQ ETF, this could be the catalyst for significant price appreciation. Keep your eyes on MSTR as it aims to reach new heights!
MSTR 4H: Potential Breakout from Descending TrendlineMicroStrategy (MSTR) has been forming a descending trendline resistance since its recent peak around 520. The price has been consolidating near the trendline convergence point, showing signs of a potential breakout. Current price action suggests accumulation with higher lows forming.
Key Levels:
Major resistance: Descending trendline (currently ~410)
Current price: ~400
Trade Setup:
Looking for a confirmed breakout above the descending trendline with increased volume. A successful breach could signal the end of the current corrective phase and potential trend reversal.
Risk Management:
Place stops below recent swing lows. Watch for false breakouts and monitor Bitcoin correlation as it significantly influences MSTR's price action.
Microstrategy is the most astonishing chart I've ever seenThis is the 3 month chart going back about 25 years. MSTR peaked in March 2000 at $333. It's formed a 24 year cup and handle that broke out earlier this year from the $333 cup top. When you clone the cup depth on a log chart and add it to the cup top it gives a long term astonishing price target over $42000.
For 2025 I'm not expecting that target. It could get their in the next Bitcoin cycle in 2029, however. I've tracked MSTR and Bitcoin prices since Microstrategy started their Bitcoin acquisition program in August 2020. Since that date it has acted as 2 fold price leverage to the Bitcoin price gain to the present.
It has acted in the last two years as 3 fold leverage to the Bitcoin price as its relentless purchasing of Bitcoin is now 423,000 for about $25.4 B or about a $60000 DCA. Current profit on these Bitcoin at the current $100,000 price is $16.9 B.
Microstrategy is expected to be included in the Nasdaq 100 on Dec 23, 2024. The announcement is expected tomorrow. A massive number of ETF's are tracking this announcement and are expected to pump billions into MSTR stock over time.
If BTC goes to $500K by May 2025 and trips the pi cycle top indicator again then it will have gained 400% from the present. 3 fold leverage to the BTC 400% gain would be 1200% gain from the $393 current price or 13 x $393 = about $5100. I am biased; I recently purchased MSTR stock as a leverage play on the Bitcoin price.
MicroStrategy Poised for Breakout NASDAQ:MSTR
Today, I’d like to share my current perspective on the price action of MicroStrategy Inc. (MSTR). The data and technical indicators on the daily chart suggest a bullish scenario is unfolding. Let’s break down the analysis.
Technical Setup
1. Symmetrical Triangle:
The price action has formed a symmetrical triangle, with a potential breakout to the upside. This formation often signals a continuation of the trend when combined with supporting indicators.
2. Oversold Conditions:
Indicators such as MACD and Stochastic Oscillator show the stock emerging from oversold territory, which supports the likelihood of an upward breakout.
3. Double Bottom Pattern:
A clear double bottom pattern is forming, indicating a potential reversal of the recent 40% correction from the high reached on November 21, 2024.
Key Price Levels
• Current Price: Around $400.
• Breakout Target 1: $550.
• Breakout Target 2: If the breakout sustains momentum, the price could reach $700.
Entry Strategy:
• Buying at current levels ($400) appears reasonable, given the technical signals.
• Place stop-loss orders according to your risk tolerance to protect capital.
Bitcoin Correlation
Given MicroStrategy’s substantial Bitcoin holdings, it’s essential to note the formation of an ascending triangle on the Bitcoin chart, which suggests a continued rally. This correlation adds further confluence to the bullish outlook for MSTR.
Catalysts
There are also market rumors that on Friday, November 13, MSTR might be included in the Nasdaq Index. If confirmed, this event could serve as a strong catalyst for upward momentum in the stock price.
Conclusion:
The combination of a symmetrical triangle breakout, oversold conditions, a double bottom pattern, and potential macro catalysts presents a compelling case for a bullish move.
Disclaimer: This analysis reflects my personal opinion and is provided for informational purposes only. It is not intended as financial advice or an investment recommendation.