Chart of Day: Tech Stock Could Push Higher Soon

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here. With Bitcoin attempting to push aggressively higher, keep an eye on MicroStrategy (SYM: MSTR). With 226,500 BTC on hand, the stock benefits any time Bitcoin prices push higher. The stock is also oversold at triple bottom support dating back to May. Last trading at $119.57, we'd like to see it retest $150 initially.  Helping, Barclays just initiated an overweight rating on the MSTR stock, noting, "We are initiating coverage of MSTR with an OW rating and $146 price target. The company's strategy—to convert a sticky enterprise software business into a bitcoin accumulation vehicle—is unique and differentiated," as quoted by CNBC. Did you miss yesterday's Chart of the Day? Click here to view it now. 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