$MicroStrategy(MSTR)$ B̉ Ẻ Ả R̉ Ỉ S̉ H̉
🚨 MSTR: H&S Setting Up – SELL $424-$427 Before Dec 25-27! 🚨
📊 🇳🇿 NZ time 18Dec24. Overnight trading price: $389.30
⏳ I’m expecting this move by 25-27 December. 🧩 A Head & Shoulders pattern is forming inside the blue bands, setting the stage for a potential breakdown.
🔑💥 Key Levels to Watch 👀:
• Sell Zone – If you see this price, Sell Sell Sell: $424-$427
SELL the rips!
• First Support: $393-$381
• Further Target: $300-$325 (Daily Bottom Zone).
This setup is taking shape quickly. Trade smart, watch those levels and dates closely! 🔍📉
Happy trading ahead! Cheers, BC 📈🚀🍀🍀🍀
@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion @TigerPM @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Based on the available information, here are some key points regarding the movement of MicroStrategy (MSTR) stock:
Recent News:
Retail investors poured nearly $11 million into MicroStrategy's shares on Monday, which is almost three times their average daily inflows this year. This influx of retail investors could have contributed to the stock's movement. Source
Bitcoin Related News:
MicroStrategy's stock has been closely linked to the performance of Bitcoin, as the company holds a significant amount of Bitcoin on its balance sheet. News related to Bitcoin's price movement and MicroStrategy's involvement in the cryptocurrency market can impact the stock price. Source
Price Levels:
The stock has been consolidating within a descending triangle chart pattern, which often indicates a potential breakout or breakdown. It is important to monitor support levels near $268, $227, and $180, as they may influence the stock's future movement. Source
Analyst Recommendations:
There are varying analyst recommendations for MicroStrategy stock, with 2 recommending and 7 buying the stock. Additionally, 9 analysts have provided target price estimates, with a mean target of $424.96 and a range of $187.5 to $600.0. Analyst recommendations and target prices can influence investor sentiment and impact the stock's price. Source
Earnings Data:
MicroStrategy's earnings per share (EPS) for the trailing twelve months (TTM) is -$2.18. The price-to-earnings ratio (P/E ratio) for the last year (LYR) is -176.947, indicating negative earnings. It's important to consider the company's financial performance when evaluating the stock. Source
Please note that the movement of a stock is influenced by various factors, including market conditions, company news, investor sentiment, and broader economic trends. It's essential to conduct thorough research and analysis before making any investment decisions.
Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading stocks involves risks, and it is important to carefully consider your investment objectives and risk tolerance before making any investment decisions.
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