This company can be considered a BTC-ETF, on Tuesday 7th December it plans to offer $400 million worth of convertible bonds to raise funds to purchase more bitcoin. Proceeds from the private offering will be invested in the cryptocurrency "pending the identification of working capital needs," the company said.
As of December 4, 2020, MSTR held approximately 40,824...
Wow.. Microstrategy just broke through a 20 year old resistance from the dot com era. Can it go back to 2k? We'll see.
Not advice. Do your own research. Every asset can go to zero.
dont know if ill actually play this but looks like a good short setup here considering all they hype that was pumpin mstr is gone now.
a lot of historical levels line up with fibs here. good levels to watch even if you're long.
Citron following intraday trading strategy idea
MicroStrategy Incorporated provides enterprise analytics software and services worldwide.
The share price is rising and gonna continue this trend today after the new Citron report publishing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in...
Microstrategy showing strong monthly MACD cross, and increasing RSI as IoT company holding a bunch of BTC. Will more than offset inflation we're seeing from gov printing US$ and printing more....
This company microstrategy does a lot of AI assist stuff. The ceo made a brilliant play with the purchase announcement on there ridiculous 3 day bitcoin non stop buy. This last week BTC spiked a bit and MSTR went up 5plus %. Other companies have cash on the side lign and definitely noticed this. (also see SQ or Square)
Look for other traditional companies...
I think I does not need to do a four sheets report with a fancy technical analysis to explain my idea or to identify where the price is going.
But some words are enough: look the red arrows above the past support and the broke of the counter trend line.
No position in $MSTR.There is a positive divergence pattern happening since
the last crash (28 August 2017). I predict this stock to increase into earnings and also during earnings (provided there is an earningsbeat/upbeat guidance).
Resistance is seen at $141.65. Although there is a large gap to fill, which may be a positive moving forward.The downside risk...
