I bought calls on this dip lol MSTRMassive dip due to market skepticism.
People really don't understand...
MSTR trade ideas
Don't Change That Channel Part 2I did not make the first channel high enough. So, this is an update. I threw in an auto pitch fork that seems to validate the thesis.
We did take a run out the top of the channel and the shorts pushed the price back inside our seemingly durable path. Let's see what happens.
MSTR ELIOT to $619.10 in ASTRONOMICAL SHORT SQUEEZE+CONTINUATIONPlease let me know if you have any questions from what I have in the chart! Like, comment, subscribe!
I am the Stock Wrangler.
NASDAQ:MSTR
Gap must be filledDear retail investors, markets are not free lunches. There is nobody dumb enough to buy at these prices. That is not an insult, that is just how the markets work, it is their reality. Greed must turn into fear for a bull market to exits. The higher something goes up without a massive correction, the lower the all time high potential. A likely retest of $150-$200 is almost guaranteed.
It is what it isMass delusions are usually not sustainable. Trading 3x above btc holdings, insiders selling at fastest pace, btc rally is delusional and driven by short term idea of a Trump Trade which will be crushed after his inauguration when we face the reality of harsh negotiations with Russia. Saylor is another Sam.
MicroStrategy’s $31.2 billion (net of $4.2 billion debt) $BTC MicroStrategy’s stock price typically reacts more aggressively than the price of bitcoin due to: Leverage: The company’s strategy effectively acts as a leveraged bet on bitcoin due to its financing structure.
Investor Sentiment: Rising bitcoin prices boost enthusiasm for MicroStrategy’s strategy, often driving its stock price higher by a multiple of bitcoin's price increase.
Given MicroStrategy’s past correlation to bitcoin price increases, the stock could see a higher-than-50% surge, potentially amplifying the company’s market capitalization far beyond the proportional increase in bitcoin prices.
Value of Bitcoin Holdings:
Current Bitcoin Holdings: 279,420 bitcoins
Value at $100,000/Bitcoin: $27.942 billion
Value at $150,000/Bitcoin: $41.913 billion
This is a $13.971 billion increase in the value of its bitcoin holdings.
NASDAQ:MSTR is valued at around 80 Billion +/-
The strategy depends on a buoyant market for bitcoin and irrational enthusiasm for MicroStrategy’s stock.
Textbook false break outSo far, looking like a textbook false breakout, and back inside the purple channel!
Rejection.
One more trading day left to confirm short position initiation. Tight stops here.
NASDAQ:MSTR
$MSTR #Spicy #Broadening Formation PT; $666 MSTR is a MONSTAR lately AAAANNNNDDDD a LOT of sketch occurred today.
7am; CEO says "We're gonna need a bigger ship"
930am: Price is Gapping up 10%+ AGAIN
930ish: Citadel Announces Short
403pm: CEO announces NASDAQ:MSTR Completes $3 Billion Offering of Convertible Senior Notes Due 2029 at 0% Coupon and 55% Conversion Premium
PS: The SEC Chair announced he will be resigning in a couple months...
"Shakeouts B4 Breakouts" - Prophecies
Micro-tragedy RecapToday was nuts at the MicroStrategy part of town. Let's just debrief the madness.
1-2-1-2 $mstr Microstrategy Playing outFixed wave targets for later waves vs. prior post.
Self-explanatory - Elliot Wave, Nested 1-2's for MSTR - Time isn't accounted for in future waves... but assume through bitcoin cycle late into next year
Chart annotation shows bullish but we are in Wave 4 to at least 280, as low as 100 but given the bullishness of the market expect between 180-280 before next move up... lower she goes pulls end targets lower... analysis assumed .236 - .38 retracements for remaining 4's and 5's.
Wave 5 targets were .68 of wave 3... The deeper the wave 4's the lower the 5 targets will be
I can't unsee this triple 1-2 playing out $mstrSelf-explanatory - Elliot Wave, Nested 1-2's for MSTR - Time isn't accounted for in future waves... but assume through bitcoin cycle late into next year
$MSTRupdated
just wanted to show off how precise one can actually be when they use tools correctly,
invalid above todays high
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.
MSTR to spike higher, then pullback to $364MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Everybody buying stocks like crazy. 10 trading days ago, price was $270. Now nearly $500. My charts say price tops out at $519 area, then falls back to $364.
Price above top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price near 4.618 Fibonacci level
In at $518 area
Target is $3640 or channel bottom
$MSTR is seeking trend line confluence at $360The trend line supports are pulling hard like a magnet, which would also set up perfectly for a future head-and-shoulders “right shoulder” battle between bulls and bears right at this same trend line
$MSTR getting sucked down to 360 trend line confluence Currently shorting this one, looking for downside target #1
MicroStrategy ManiaMicroStrategy Mania
🚨 No Low-Risk Entries at the Moment! 🚨
#MSTR #Bitcoin #MicroStrategy
Final Leg of Epic Run - Blow off top reaching climaxMicrostrategy has exceeded all expectations, smashing past previous all time highs along with Bitcoin. As Bitcoin approaches 100k, now is a good time for bears to consider where they can short Microstrategy in the event of a pullback.
I think this is setting up an opportunity for an epic short opportunity, not one that I will be immediately jumping into as I don't advocate shorting all time highs. However, if we reach my Fib extensions and if there is bearish divergences then this could be an epic drop.
It looks like this is the final 5th wave of a larger 5th wave Supercycle, the blow off top is almost complete. I'm waiting for a change in market structure. The price range of $530 to $650 is where I see the drop starting, I will wait patiently for the short trade. I will also be paying close attention to the Bitcoin price action.
Not financial advice, do what's best for you.
Retracement necessary not sure if it comes after 500 breakWith all indicators hot of the press and looking for more room to run, things are stacking up against this; after a few key areas, from Fibonacci support, stochastic, RSI, and MACD blowing up, it has come to my attention that dreams can last longer just not infinitely.
$50 to $500 what could possibly go wrong? If a stock goes 10x in a year that's completely normal with $5,000 next right? 😅 No downside possible, at all...
MSTR FOR NOVMBER 2024Hello my friends,
As you can see in the chart, we have two possibilities.
The first one is to go directly into buying.
But if this possibility fails, the second possibility will be highly successful.
MicroStrategy Stock Hits Record High Since 2000🐂 MicroStrategy Stock Hits Record High Since 2000!
The company's stock reached $350, marking its highest level since the dot-com bubble 📈.
In 2000, MicroStrategy's stock also traded at $350.
💥 Record Bitcoin Purchase: Recently, MicroStrategy announced the acquisition of 51,780 BTC worth ~$4.6 billion at an average price of $88,627 per coin.
Their portfolio now stands at: 👉 331,200 BTC – the largest holdings among all companies worldwide.
👉 Total asset value in BTC exceeds $30 billion!
💪 MicroStrategy continues to accumulate Bitcoin despite the cryptocurrency's all-time high prices 🚀.
Insanity of MSTR*Overvalued BTC ratio wisely
*stock rose due to Trump trade euphoria and BTC strong performance
*you can see bearish divergence on the chart weekly TM
*has no valume, it's a fake pump
*lot's of FOMO and moonbois in
Any bad news and the stock will become waterfall
