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MARA

MARA in Bottom of Yearly Channel - Watch for Sharks!Goldman Sachs longtime exec Aziz McMahon, who had worked for investment bank Goldman Sachs as a managing director and head of emerging market sales for 14 years, made about a million in BTC, ETH, LTC, and Dogecoin. Aziz quit his job at the company earlier in the week, a decision he had made after cashing in his Dogecoin investments. It’s unclear how much the ex-Goldman employee made from the crypto, but people familiar with the matter believe it’s a significant amount, most likely counted in the millions. Well, it was ALMOST me that turned my few pennies into a million this year, but incredible negativity due to COVID-19. May you all get vaccinated. stockinvest.us MARA has reached the bottom of the 12 month channel. Can it rise back up to its 100 EMA of 31? Or will it break the ascending channel, which has held strong for many months, and tumble back down to $10, or even $2? Other sites say it has a new price target of $95 and a 90% chance of reaching $52 within 12 months. What do you think? Anyone want to help finish my new bot?
NASDAQ:MARA
by Grandmaster76
SOS Update 5/9/2021 "DIVERGANCE"Hello, it's been a while. Due to all the crypto craze during all of April, now rolling into May and the summer time, I wanted to give SOS a chance react. With SOS earnings in sight, it pleases me to know there's opportunity at such a low price. The 3 month trend as seen above is a classic example of a bullish divergence. A bullish divergence can be easily described as a technical indicator where the price-action of an asset makes lower low's during a downtrend, and the technical indicator I am using MACD is making higher low's despite the stock's price action + volume is decreasing therefore consolidating. This behavior represents support. This is not guaranteed but when a divergence indicator is identified, there are good odds that we'll see a reversal. I'm just curious how much SOS has been making by mining Ethereum, that's all. (((Trade and invest with caution, and practice risk management always))) As always, I will continue to observe SOS daily. Follow for updates.
NYSE:SOSLong
by SPADESASSETS
MARA Continues to Trade in ChannelMARA is one of the largest crypto mining companies in the US. According to bitcointreasuries, Mara curreently has 5,263 worth only $300,057,928. It's 3.7B market cap is largely attribute to the future earnings from mining. For this reason, the price of bitcoin is the biggest factor for this company's price action. There are a few setups for MARA. Price could either breakout from this channel or continue trading in this range. When Bitcoin gains momumtum in the coming months, the breakout scenrio is very possible. Also, keep an eye on the support level at 29.00 & 24.00/ These levels could be a great buying opportunity assuming that Bitcoin's price continues to go up.
NASDAQ:MARA
by EmpowerTrader
This looks like a decent area to go longIts following this trendline to an extent more than its created volume zones and resistance levels. Sure it plays along with BTC movement some because they are a miner but as long as it continues to follow the trendline its not too horrible of an idea to go long when it gets close to it. Give yourself a couple weeks of time on your trades though, no 1 week expiration calls if you know what I mean. Because it has breached this trendline a couple of times, they were short lived but anything can happen.
NASDAQ:MARA
by Rikity
4
Keep an eye on MARAI've been playing MARA as a swing for the past couple of weeks, and as far as I can tell, it has essentially been a leveraged BTC play. Does anyone know what's going on? My guess is that the guys swing trading this like me, sold off in order to get in on CoinBase IPO... I believe it will bounce. I wonder what the price will be if BTC goes below 60 - which I think it will... Let me know, I wanna get back into this but am worried that it will go down to $39 resistance. Personally, I will buy at $40.5, then again if it keeps crashing. However, I will also get back in this at $48 should it break out. *Not a financial advisor. **Don't judge me on my winners. Judge me on my losers, because there are so few.
NASDAQ:MARA
by kambach
15
BTCUSD to ~42k?I love bitcoin, but this run is looking pretty tired. The top may come soon - in the next few weeks as the coinbase IPO comes out. However, technically I see a lot of things getting weak in this chart. First, the bearish divergence between the RSI making lower highs while BTCUSD made higher highs. Next, we have a MACD that while turning up recently seems to be more tepid that the previous advances. In other words, buyers seem to be getting tired. I think we could find our way to the ~~ 42k range (or possibly even 30k, a full 50% retracement), lets say in the next month or two. To me, this shorter term view looks like we're heading down. Some decent mechanisms to play short include puts on MSTR, RIOT, MARA, CAN, BTBT. Ultimately I think this 59k level is the real test, but if you wanted to give some room, I would say if we confidently moved north of 62k this idea is wrong. otherwise my target remains 42k.
BITSTAMP:BTCUSDShort
by tacosaurus
Ok ARB...hear me out!Look what we have here, an OTC stock that....mines crypto? Must be crazy right? We have seen RIOT and MARA take off, but why does this look...stuck? Answer: Hidden Gem that is due for that cataclysmic lift off. OTC makes it hard to get in for all the retail traders to gobble up and leverage to all sorts of margin calls. On top of some dilution to pay for operating costs (HODL that BTC). TA we see it holding the 50 SMA very well and we are seeing a very very low volume area as traders wait for the crypto market catalyst to break all resistance currently being the 20 SMA and the trendline. RSI is flat, neutral, ready for a little action. Getting tight with room down to $2.60 (having cash ready for that potential dip!) The thing I must mention here is, there are solid underlying fundamentals due to the crypto market. This play is highly dependent on BTC doing well, and guess what, the bull run is still going and the possibility of a supercycle looms (personally super bullish on BTC HINT HINT). What does this have to do with ARBKF? Well this little stock MINES BTC. And lots of it. Highly efficient, renewable energy powered, mining experts. 320 acres acquired in Texas. Superb hash rate. Numbers mined increasing and gigantic profit margins. I didn't come here to shill, but this little stock still has lots of room to run and is a great choice to add some leveraged crypto exposure to a portfolio. Oh yeah, NASDAQ listing maybe soonish?!?! *Insert evil laughter* -Pump *This is the rambling of a mad man in Moes. Not financial advice. I (Pumpkin) hold shares in ARBKF
OTC:ARBKFLong
by TheTraderMoes
4
Let MARA come down, then buyI watched a very encouraging interview that CEO Merrick Okamoto did, and I must say I am pleased with the direction that this company is heading. After the rip from yesterday, we now know that retail investors are prepared to break all-time highs, without the same-day regression. I love this company long, so I will be buying once my first support limit is triggered, and again at low support. This stock is highly tied to the price of bitcoin, so if you think that is only going up from 58k, buy now! If you like the concept of bitcoin mining, nobody in North America does it at this scale. My personal belief is that Bitcoin needs to come down below 50k in order for the market sentiment to shift on the 50-60k level. People need to realize that it's either worthless or worth a hell of a lot more than 58k. This stock will break the $100 level again in the next 3 years. If you want a long-term hold that you don't have to look at every day (you may stress yourself out), then hold this. Let it come down and then I recommend having a close look, or buy now and enjoy the profits long-term. *Not a financial advisor. **Don't judge me on my winners. Judge me on my losers, because there are so few.
NASDAQ:MARALong
by kambach
3