MARA is a Bitcoin Mining Business that makes money from mining bitcoin and selling it on the open market. Anyone can mine bitcoin, but not at the levels MARA can putting them in a unique position to capitalize on the halving and higher BTC prices.
Recently I watched an interview that I'll share below with Fred Thiel in regard to the future of MARA. He talks...
PANW seems to have formed an Inverse Head & Shoulders over the last few weeks. Also formed a nice cup and handle if it holds above $186 in my eyes.
Tech Earnings have been quick strong in this environment. My belief is we will see continued robust spending in Cyber Security that will provide another strong report for PANW.
Looking for an exit north of $200.
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First time creating my own chart.
Boil looks to be forming a cup & handle pattern if you ask me. I expect the down trend to continue for week or 2, but rally into the fall and summer looks like a good risk/reward set-up.
Hope to get some good feedback!
Let me know what you think!