$MARA - Week of 2/12/24

Par D_Rockefeller
MARA mid-term bullish, dependent on BTC action and overall market conditions

  • Looking for a hold over 22.50, ideally a retest of 23-22.50 zone for entry
  • Targeting the 26.60 - 26.80 range, with a reach of the 31-33 zone.
  • TP1 @ 24.36
  • TP2 @ 25.20
  • TP3 @ 26.60
  • TP4 runners @ 31
  • Would be interested in the 3/1 25c. Expecting some chop and an inside day, and would also prefer to buy some extra time for the reach potential
  • Stock is above all EMAs, and EMAs are in a bullish trend (9,20,50,100,200 from top to bottom)
  • RSI showing strength
  • Strong bounce with volume off the weekly TL
  • BTC over 48k with strength during writing

Chart PatternsTechnical IndicatorsTrend Analysis
D_Rockefeller

Clause de non-responsabilité