Bullish Scenario to End the Week

Looks like we are just delaying the inevitable here and will have a late week/ early next week bull run. Still hard to tell with the daily movement. When investors re-enter at a mass scale is when we will see this stock soar high again. Right now we are seeing a lot of profit-taking and re-distribution of gains elsewhere. Which is understandable for how far we have come already. Watch for a flip indicator for gains over $.50 and this stock should see some crazy gains over a short period of a few days.

Still a very low priced stock for over 1B market cap.

Note

MARA direct offering for $20 last friday seems to have sparked a selloff this week. No worries and nothing to fear a few dollars down has given me a great oportunity to add shares at a discount as I had actually sold most of my shares around the $22 mark. Solid play for me, but MARA is most definitly slumping right now and showing Bearish trends. I am half-hazardly adding shares, but this is not a recommendation to buy if you are only looking for quick trades. I will simply label this a value-buy for long term holds.

Note

Seems like we have entered a bearish flip for the time being.

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