MARA
$MARA long entry 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This afternoon my team purchased shares of digital mining bitcoin company Marathon digital $MARA at $10.75 per share. Our take profit is $24. We also have a stop loss at $9.75
This covers our crypto exposure for our portfolio which consists of the following stocks: $AERC, $MIRM, $BABA, $NIO, $TUP and now $MARA! We will likely be holding this bunch until our take profits are reached or the end of the year!
Our Entry: $10.75
Take Profit: $24
Stop Loss: $9.75
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Market Update 10/4/22TIMESTAMPS:
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Intro 0:00
BTC Update 0:20
APPL Today's Movements 5:04
APPL Talking Opening Targets 9:06
Possible VIX Concerns13:42
NDQ 14:17
USD/WTI 15:15
Some Stocks and Gold 15:56
Closing Statements 19:20
________________________________________
See yall tomorrow at 9:15 EST
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September 30, 2022 - Marathon Digital Holdings, Inc. - MARA - This is a quick update on my investment in Marathon Digital Holdings, Inc. -
This video shares my experience trading MARA as a retail investor.
The markets have shown to be quite volatile in the past weeks and many people are speculating that due to inflation, negative GDP growth and the FED's policies along with the repercussions of COVID lock down and the UKRAINE war with RUSSIA has led to an unstable stock market and higher energy and food costs to the average individual around the world.
To combat this, I think it is a great skill to learn how to make $ trading stocks, crypto, ETF's and options.
Of course, there are risks involved and this is not financial advice.
I am simply providing my experience trading MARA - note I have already made profits in the past on this stock, and I started investing in MARA at $6.50.
Please smash the boost button if you like this content and I will continue providing updates on my position.
Mathon Digital - Quick Market Update - BTCThis is a quick update on my position with Marathon Digial - MARA.
I am continuing to be bullish on the position and can see it reaching as high as $15 - $ 18 in the next 4 - 8 weeks.
I am currently swing trading MARA so I will sell my position at between 11.50 and 14.00.
Currently if you see the price dip to below $10 I would place STRONG BUY for this stock.
I hope you enjoy this content and feel free to leave a comment.
I look forward to sharing my experience as a retail investment trader.
MARA - MARATHON DIGITAL - DO YOU SEE WHAT I SEE?This video provides an update to my last analysis on Marathon Digital and also provides an update on the performance of BITCOIN.
Please leave a comment below on where you believe MARA stock price will be heading to.
I hope you enjoy the stream.
I am looking forward to sharing my journey as a retail stock trader.
Market Update 9/13/2022: What You Need to KnowJust watch the video. That's Why I make them: To not type. I'm not time stamping this one because is meant to be watched in order. If you want to know what to look for, you only need to spend at most 4-6 minutes watching.
Take care and good luck on your trades.
I stream every week day from 9:15 to market close.
The MARA-ETH relationship goalsA good buddy gave some heads up about MARA, and we had a short discussion about MARA. He mentioned that MARA and Crypto had some relationship and I was a little skeptical that MARA would be close enough in relation to crypto, and also wondered if there was any relationship, what might it be.
So, from purely a technical perspective, I pulled up MARA and overlaid ETHUSD on the weekly chart. Some adjustment requires for the overlay and it appeared that my buddy was perhaps onto something! Honestly, I have not enough research into MARA, but for what it is worth, it appears that MARA leads ETHUSD, in a somewhat casual open relationship IMHO (pun not intended).
You see, as MARA rallies, it does this ahead of ETHUSD. And it also appears to lead in the downside aspects too. Both have about 1-2 week lead.
Currently, it does appear that MARA is in bearish stance, with a bearish candle last week that closed a gap. Technical indicators apparently struggle to mitigate the bearishness.
In the daily MARA chart, the recent rally is oer, with a solid gap down end of last week. Technical indicators also support a bearish stance, with more downside expected.
Immediate support levels are about 12, and then 8.50. Resistance is clearly at 14.
Given this casual relationship, if it is sufficiently robust to hold, we might co-relate that ETHUSD is having some downside risk for the rest of August, and into early September, with a possible bounce off later in September, perhaps on the back of The Merge?
I would keep an eye out on MARA... just to see if this relationship achieves some longer term goals.
Tell me what you think, and if this makes sense to you too?
Marathon effort required to invalidate the bearish threatMarathon Digital Holdings - Short Term - We look to Sell at 15.05 (stop at 19.95)
An overnight negative theme in Equities has led to a lower open this morning. We have a Gap open at 15.05 from 18/08/2022 to 19/08/2022. Broken out of the channel formation to the downside. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 15.05, resulting in improved risk/reward.
Our profit targets will be 5.10 and 4.50
Resistance: 15.05 / 18.88 / 19.43
Support: 10.08 / 8.04 / 5.20
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Mara SAFER Way DOTM Puts 2 OutcomesThe Trifecta Income play is designed to either generate income or gets the stock assigned to you at a lower cost.
YOU SHOULD ONLY USE THIS TECHNIQUE ON STOCKS YOU WANT TO HOLD FOR LONG TERM.
Pay attention to the company as you do not want get a stock that is in a declining industry like KODAK when digital cameras came out.
We do this by selling a DOTM put, that immediately generates income at the expense of our buying power. In this case, we are selling the:
MARA Jan 2023 $5 PUT
for a net credit of $1.38/share or $138/contract, and a reduction in buying power of $362 per contract.
Assuming that the MARA closes remains above $5 through Jan 2023, our return is:
$5 share price / $ 1.38 credit = 27.6%
We can do this because the have a target support zone from 4.5 to 5.5 with a target resistance zones of 15.
There are two possible outcomes:
1) MARA closes above $5 by expiration in which case we keep the entire credit for a return of 27.6%
2) MARA closes below $5 at expiration in which case we get assigned at $5. Because of the credit our cost basis for the stock is $5 - less the credit received $1.38 for a cost basis of $3.62 which is below our target support zone of $4.5.
Net result, we have a safety of margin from the current stock price of $9.78 - $3.62 (assignment cost) of $6.16, which means we have a safer entry at reduced cost using this safer trade structure.
Hope it helps
Marc
MARA - Testing daily 11 EMA
Into supply and getting sold now, and testing daily 11 EMA. Needs to hold and build above 7.9 for creating another pivot. Below selling will accelerate. Zooming out provides better perspective for the long. 3D chart is very bullish. No reason to be bearish here, just watching for now and pattern to emerge.
MARA: 21% gain on Friday!Marathon Digital Holdings
Short Term
We look to Buy at 7.59 (stop at 6.31)
We look to buy dips. This stock has recently been in the news headlines. Trading volume is increasing. Yesterday's move higher brings an end to the run of consecutive lower highs. Previous resistance, now becomes support at 7.50.
Our profit targets will be 11.16 and 14.99
Resistance: 11.17 / 20.00 / 31.30
Support: 7.50 / 5.30 / 3.50
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$MARA ~ Correction still in progress...As expected, the bitcoin miners are correcting along with bitcoin itself. Although we are getting close to the 61.8 for a normal wave 2, I would recommend being careful as crypto tends to correct a little deeper and should be no surprise to see the 78.6. Remain patient and it will pay off later down the road.