The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. MicroStrategy shares rose in premarket trading Monday after Bitcoin set a new record high ...
As predicted, MicroStrategy's breakout did foreshadow Bitcoin's surge. If MSTR is a leading indicator for BTC, its early peak suggests that Bitcoin's own top may be imminent. I project Bitcoin’s ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. MicroStrategy shares jumped more than 10% on Monday, adding to recent gains following the ...
Citron Research is shorting MicroStrategy, but I believe the stock's bullish technicals make a sell rating unwarranted; I rate it a hold. Daily and weekly chart analyses show strong uptrends with no ...
MicroStrategy Incorporated (NASDAQ:MSTR) has experienced an extraordinary 674% increase in its stock price year-to-date in 2024, a rally driven by its massive Bitcoin holdings and the cryptocurrency’s ...
Update (Nov. 21, 20:25 UTC): This article has been updated to correct the YTD percentage for MSTR stock. MicroStrategy, the largest publicly traded corporate holder of Bitcoin, has seen its stock ...
MicroStrategy’s market capitalization saw its largest four-day drop in history, sparking questions about its position as a leveraged Bitcoin investment vehicle. The company’s market value fell by over ...