MARA - Flashing BUY Signal on DailyMARA finally flashed a BUY for today's Daily candle.
The downward trend reached the bottom wedge line and turned like it should.
All indicators are turning Bullish.
Trade this stock carefully. It gives great returns in short time, but goes down quick. Timing is everything here.
If you get up 50%, 100%, then get out. Otherwise, you are risking giving back profits.
MARA follows spikes in BTC prices. If BTC price spikes, I suggest looking to take profits or see if BTC move will be extended for further MARA gains.
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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short SPY.