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MARA

MARA - Update - Waiting to Pop or BreakdownNote - MARA is speculative, not based on earnings or fundamentals, and has high volatility. MARA made a decent pop just like we anticipated. Currently forming a Bull Flag on Daily. RSI trend confirms there is room left to run to price target of $1.75. Exit trade At RSI 70 or higher. At price of $1.75 or trade at your own risk. While it would have been a good idea to exit the trade, I feel this trade is not finished. My MARA Calls are cheap and expire 12/20. Stock is ridiculously cheap, but you need to hodl until BTC peaks for offloading. We should have another entry for the big upcoming pop sometime in 2020. Thank you for liking, commenting, throwing up a chart, following, or viewing. 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, and VIXY. Short SPY and AAPL.
NASDAQ:MARALong
by MoneyPatterns
MARA - Update - Following BTC Accumulation MARA is highly correlated to spikes in BTC price. Options are cheap and so is stock. WARNING - This stock is known to have 30%-100% gains in under a week and then massive selloff. Need to watch carefully. I have purchased stock and options in the current zone during the last dip October. I am neutral biased for movement (but long Calls and stock). If it turns down, risk is limited with smaller investment and I can jump ship. Risk - 1 Reward - Almost 4 If it turns down, risk is limited with smaller investment. Previous trendline from Nov. 5th needed to be dropped with recent minor BTC re-accumulation pattern. Very interesting how the main wedge (bottom line 4 years, top line 6+ years) lines up about 1 month before BTC halving. When BTC goes through halving, I am betting that price for both BTC and MARA should see a increase. Please trade carefully here and use limited risk. If MARA gets active, you can always PM me here for a chart update. Thank you for liking, commenting, throwing up a chart, following, or viewing. 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, and VIXY.
NASDAQ:MARA
by MoneyPatterns
1
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. Thank you for liking, commenting, throwing up a chart, following, or viewing. 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.
NASDAQ:MARALong
by MoneyPatterns
$MAR Marriott Int Bullish Reversal Short term price target $140 Very bullish reversal after initial selloff post earnings. Company profile Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; Asia Pacific; and Other International. The North American Full-Service segment includes luxury and premium brands located in the U.S. and Canada. The North American Limited-Service segment comprises select brands located in the U.S. and Canada. The Asia Pacific segment focuses in all brand tiers in Asia Pacific region. The company was founded by J. Wiliard Marriot and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.
NASDAQ:MARLong
by Bullishcharts
MARA - From Outter SpaceSee below for 1st Chart in this series (Close Up View). MARA ( Marathon Patent Group ) mirrors bitcoin price runs. Options or stock are cheap and profitable if timed correctly. I see this going to $2.50+. It will be quick and short lived. Last run up there were two entries to gain 50% and another 60% after first peak decline. Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not an advisor. Disclosure - I am long MARA, GBTC , BTCUSD , GDX , VIXY and short SPY . 2nd Chart from First Post Today -
NASDAQ:MARALong
by MoneyPatterns
MARA - Coincides with BTC uptrendMARA (Marathon Patent Group) mirrors bitcoin price runs. Options or stock are cheap and profitable if timed correctly. I see this going to $2.50+. It will be quick and short lived. Last run up there were two entries to gain 50% and another 60% after first peak decline. I will post another chart with "Outter Space" view. This is NOT a long term investment. This is a play on Technical Analysis, Pattern Analysis, and speculative future Bitcoin price. Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not an advisor. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short SPY.
NASDAQ:MARALong
by MoneyPatterns
MARA - Shows Bitcoin bullish breakout comingMARA - Marathon Patent Group - is a good proxy for BTCUSD and GBTC. MARA operates bitcoin mining hardware and mirrors price action in bitcoin and GBTC (sometimes as a leading indicator). During 2017 bullrun MARA was over $38. Current price is under $1.60. The MARA chart shows that there is a bullish breakout coming from the falling wedge, which repeats in this chart. The Fisher Transform just turned bullish indicating longer trend (bullish). If last two pops were indicators for MARA, we may see a 20%+ increase in MARA and BTC / GBTC coming out of this falling wedge. I am long Calls on MARA for December 20 2019. In April of 2020, I will start to average into Call Options for MARA at December 2020 expiry (when BTC bull run in full effect). Some of these call options are $0.10 per contract or $10 to execute (CHEAP).
NASDAQ:MARALong
by MoneyPatterns