Sometimes it's this easy. Marathon Patent Group (MARA) LongMarathon Patent Group (MARA) has invested over 200 million dollars in bitcoin miners. At a price of $28,000, they would profit $523 million anually. Sometimes it is this easy. Long it huge.
MARATHON
MARA update - it bounced on the $3MARA update - it bounced on the $3
Looks like we will make the leap before September.
So we jumped early before earnings - buy this on the dipSo we jumped early before earnings - buy this on the dip
The cat is out of the bag.
This could go to $100 so get ready just keep buy it.
The rip up today should falter and fall - buy when it drops - it will be the last low price you see.
Check out my RIOT chart as it is a similar company.
MARA to $3 after taking a diveMARA has reached a stopping point and will crash back down all though August before leaping up in September only to fall again.
Understand that they are dealing in the Patients involving Block Chain and WEB 3.0
Imagine owning stock in a company that could own FTP or SMTP or DNS protocols or any other protocol of the internet today.
MRO I was a week of mourning, but I'm ready to collect profitAfter a week completely off, I'm ready to collect some profit. Marathon Oil one of them. My TP was already hit and probably is going lower, but I'll keep an eye for a buyback around $14.76 or $11.78. My PV for this asset is currently at $24, while Wall Street consensus is about $26. However, at $21 would be my target.
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(Update) Hello Sia! Next Chandelier is here; Marathon & The b...This is an update to the previous idea just to clear out where we have reached, we are starting to cross the MA100, we seem to be breaking out right on time, make sure to checkout the original chart:
-- small request: Like the chart to receive updates and provide me with insights as i don't usually make Sia charts :)
Good luck with your trades
MRO Short Term BearishOn November 07, 2017 MRO had a high wick reach $16.59 before closing down for the day. I believe this to be a good resistance line for now due to that same price range (give or take a few pennies) acting as Resistance in April 2017, March 2017, February 2017, November 2016, September 2016, August 2016, and September 2015; as well as acting as Support briefly in October and November 2015. Even though the past couple of days (November 09-10, 2017) have seen green candlesticks , they have been moving down in price. I purchased a December Put, Strike 17, on 11-09-17 for $1.65 (the spread at the time of purchase was $1.62-$1.65). The Stock price at time of purchase was $15.70.
$14.12-$14.16 has been a general line of Support in August 2015, Resistance in December 2015, Support again in September through November 2016, Support in March and May 2017, and then acting as Resistance for a couple weeks in October 2017. Due to that activity I believe it possible for MRO to retrace to that area again; and because of that I have targeted that area as my sell point. I expect it to take no longer than three weeks to reach that area of Support.
If you draw lines of Support at $14.12/$14.16 and Resistance at $16.60ish I can see a channel/rolling pattern from August to November 2016 and briefly from March to April 2017. If MRO does hit my estimated Support I will wait a few days to see if once again it rises in price to repeat that pattern and becomes ripe for a "double dip," or the opportunity to enter a Bullish/Call play almost immediately after exiting a Bearish/Put play.
MPC momentum losses steamToday's was the first breakout for MPC from the fib retracement. It is topping out back to the January lows. This MAY be a point to where the trade switches from fundamentals before it trades off of something technical. Just general discussion.
I sold today. Please comment.
MPC hits top fib line. Sold.I was long at $36 handle on Tuesday. I sold at $38.70 which it is straddling right now at the top of the fib retracement. MPC is outperforming other refiners today like VLO, HFC, PSX.
There is no technical support above $38.70. Either it breaks out to $50+ or rather I am looking to buy another dip below this fib line if there is no sustained upside support for the next few sessions.
MPC bucks the mkt againYesterday MPC closed at $36.47 on a late rally exactly at its 2nd fib line for which there is previous support at that level. It's been hard for this stock to breakout past $37 with analyst price targets in the $50s. It needs momentum.
