MSTR Microstragey 1k Price Targets in January

Summary

In this video, the host provides a detailed analysis of MicroStrategy (MSTR) and its upcoming inclusion in the NASDAQ 100, offering price projections for short-term, mid-term, and long-term periods. The short-term forecast suggests MSTR could rise to $64 by the end of December, with a mid-term target between $994 and $1,300 by January 2025. The analysis highlights key technical indicators such as RSI, Fibonacci retracement, and EMA ribbons, all signaling bullish momentum. However, the video also cautions that volatility may arise due to events like Trump’s inauguration, but the overall long-term outlook for MSTR remains positive.

Takeaways

• 😀 MicroStrategy's NASDAQ 100 listing is scheduled for December 23, 2024, but the actual listing may not have an immediate dramatic impact on the stock price.
• 📊 Short-term price prediction for MicroStrategy is a rise to around $64 by the end of December 2024, driven by consolidation and bullish RSI signals.
• 📈 Mid-term price projection suggests a range of $994 to $1,300 by the end of January 2025, based on Fibonacci retracement levels and Bitcoin’s movement.
• 🚀 Despite some bearish divergence in the monthly RSI, MicroStrategy is in a bullish position with high potential for price growth in 2025.
• 🔮 The price of MicroStrategy often moves in sync with Bitcoin, though it can also diverge, making it difficult to predict exact price behavior.
• 📉 The 'sell the news' phenomenon is expected around the Trump inauguration on January 20, 2025, which may temporarily depress prices before a long-term recovery.
• 💹 A significant upward move for MicroStrategy is predicted by the end of January 2025, with a high likelihood of reaching or surpassing $1,000.
• ⚡ MicroStrategy's addition to the NASDAQ 100 is seen as indirectly increasing exposure to Bitcoin, making it an attractive option for Bitcoin investors.
• 🔍 The market's current consolidation phase is viewed as a bullish signal, suggesting that MicroStrategy will break higher soon, barring a significant downside breakout.
• 📅 The potential impact of the NASDAQ listing and the Trump inauguration is seen as a mix of initial volatility followed by sustained growth, particularly with Bitcoin's continued influence.

Q & A

What is the significance of MicroStrategy being added to the NASDAQ 100?

MicroStrategy's inclusion in the NASDAQ 100, set for December 23, 2024, is a significant milestone because it elevates the company's profile within the stock market, especially since it holds a large amount of Bitcoin. This listing can increase its visibility among institutional investors, potentially driving up its stock price.

Why did MicroStrategy's stock price drop, despite the NASDAQ 100 announcement?

The drop in MicroStrategy's stock price may be due to market reactions in anticipation of the actual NASDAQ 100 listing, which is still a few weeks away. Additionally, the news could have been viewed as less impactful than the event itself, leading to a more muted reaction in the short term.

What does the consolidation phase indicate about MicroStrategy’s stock movement?

The consolidation phase suggests that the stock is currently in a period of indecision, neither trending up nor down significantly. However, this often precedes a breakout, and in this case, the speaker believes it is a bullish consolidation, which could lead to higher prices in the near future.

What is the relationship between Bitcoin’s price and MicroStrategy’s stock performance?

MicroStrategy's stock often tracks Bitcoin's price movements because the company holds a substantial amount of Bitcoin on its balance sheet. While the two may not always move in tandem, Bitcoin's price can significantly influence MicroStrategy's stock performance.

What does the speaker predict for MicroStrategy’s stock price by the end of December 2024?

By the end of December 2024, the speaker predicts MicroStrategy’s stock could reach around $64 per share, based on the current market conditions and technical analysis.

How does the speaker view the RSI (Relative Strength Index) for MicroStrategy?

The speaker views the RSI as a bullish indicator. Despite some lower highs in the RSI, which could appear as bearish divergence, the overall trend is positive. The RSI is showing signs of bullish continuation, suggesting that prices may continue to rise.

What are the expected price targets for MicroStrategy in January 2025?

The speaker expects MicroStrategy’s stock to reach between $994 and $1,300 by the end of January 2025. This projection is based on Fibonacci retracement levels and general market conditions, including Bitcoin's potential growth.

What is the potential impact of the Trump inauguration on MicroStrategy’s stock?

The speaker suggests that there could be bullish hype leading up to the Trump inauguration on January 20, 2025. However, once the event passes, there may be a 'sell the news' reaction, which could lead to a temporary drop in MicroStrategy's stock price, despite the long-term bullish outlook.

How does the speaker interpret the technical analysis of the EMA ribbons on the monthly chart?

The speaker finds the EMA ribbons on the monthly chart to be bullish. The chart shows that when the price is moving away from the ribbon, the ribbon expands, which is typically a sign of upward momentum. The current pattern suggests a bullish outlook for MicroStrategy’s stock.

What does the speaker mean by 'Hidden Bearish Divergence' on the daily RSI?

Hidden bearish divergence occurs when the price makes higher highs while the RSI shows lower lows. This suggests a potential continuation of the current trend rather than a reversal. In this case, it indicates that MicroStrategy could continue its upward momentum, as higher lows on the RSI signal potential for further price increases.