$MARA - Week of 2/12/24
MARA mid-term bullish, dependent on BTC action and overall market conditions- Looking for a hold over 22.50, ideally a retest of 23-22.50 zone for entry
- Targeting the 26.60 - 26.80 range, with a reach of the 31-33 zone.
- TP1 @ 24.36
- TP2 @ 25.20
- TP3 @ 26.60
- TP4 runners @ 31
- Would be interested in the 3/1 25c. Expecting some chop and an inside day, and would also prefer to buy some extra time for the reach potential
- Stock is above all EMAs, and EMAs are in a bullish trend (9,20,50,100,200 from top to bottom)
- RSI showing strength
- Strong bounce with volume off the weekly TL
- BTC over 48k with strength during writing
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