AwesomeAvani

MSTR slammed earnings beyond the parking lot LONG

Lång
AwesomeAvani Uppdaterad   
BATS:MSTR   MicroStrategy
MSTR while Bitcoin and the whole ETF thing has caused crypto momentum had a good

4QTR23 and 8Xed the analyst's earnings estimates two days ago. The momentum is expanding

as market volume is accelerating. Late afternoon the zero lag MACD showed some recyling as

some early traders took cash off the table. To emphasize however, there is no sign of bearish

divergence on the RSI. This has gained 25% in 3 days. Anyone into the prices needed to acquire

options contracts could consider looking for an option using their own typical selection criteria.

There are others who as price is overextended and it will fade. They say the same thing about

NVDA. For me, I will take a trade here even if the continuation is short lived. At the end of

the day, Bitcoin could go to 1M per each as some of those with crystal balls forecast.

See also small cap miners BTBT BTCS Cleanspark HUT and some middle caps in RIOT and

MARA. It's a buyers' market right now but only if you do not chase. Look on a low time frame

for an oversold undervalued intraday moment and take your trade !

Kommentera:
Underlying Crypto Bitcoin posted idea

Handel aktiv:
Great movement today. Adding another lot of stock and a call option for 2/16 into the mix. Except a fade in the afternoon as some traders take profit for the weekend.
They will be setting up my entry to add to my positions.
Handel aktiv:
MSTR continuing to rise despite Bitcoing cool down. expect consolidation soon
when it arrives I will take 50% off the shares and one option out of the trade.

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