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Scout24 and Strategy show signs of market recovery
Scout24, a leading operator of digital marketplaces in Germany, is showing signs of a potential trend reversal. Following a correction since July 2025, technical analysis suggests the stock may be forming a ‘double bottom’ pattern. The stock has successfully reclaimed its 200-week moving average of 76.15 euros, which now serves as strategic support. A sustained breakout above the 80 euro resistance level is viewed as a definitive buy signal, with a calculated price target of 98 euros.
Separately, Strategy is preparing for potential Bitcoin acquisitions as its preferred stock, STRC, recovers. STRC recently closed above 98 dollars for the first time since early June, approaching the critical 100 dollar threshold. If the stock trades above 100 dollars, the company may be able to issue new shares to raise capital, which could be used to expand its Bitcoin holdings. This recovery follows a period of financial pressure in June when the company used 1.5 billion dollars to repay debt, causing its dollar reserves to drop.