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afurs1
Apr 11, 2023 1:59 PM

MARA Squeeze It Long

Marathon Digital Holdings, Inc.NASDAQ

Description

Ive been watching this stock for quite a while, and waited for a good opportunity to hold shares from $7. Weve got a few levels above us that need to be confirmed and forming a bullish falling wedge reversal.

Target approx HKEX:17 - HKEX:18

Only time will tell.

Comment

Patiently waiting. Current Average price $8.20.

If we see a drop, I will be scaling into this trade.

Comment

clockwork

Comment

Testing the "Daily" level of resistance

Trade closed: target reached

Target reached at $18
Comments
joshbrandon22
you think we going to have a pullback?
afurs1
@joshbrandon22, This is the pullback now
josericaurte.jaen
Hej @StopLoz
I love the analysis and structure you have on Marathon Digital Holdings. It is time to fly.
Thanks for sharing.

Go Team MARA
The_Unwind
Any pullback down to 9.25
Point and Figure Chart 2 Day 1 Minute, would be the STOP point, and potentially also a Double Bottom BUY
The_Unwind
On a 20 Day, 4 Hour Chart I am looking at,
Upside Target from this breakout appears to be 11 !
The_Unwind
Busy Chart.
Looks strong,on a wedge breakout.
Good catch !
Best of Luck.
josericaurte.jaen
@The_Unwind, best of luck to you too @The_Unwind
11$ per share is a target that makes plenty of sense, and then I am happy and welcome pullbacks so we can keep building to reach the upper-level supply areas near 16$ per share.
afurs1
@The_Unwind, I only have 5 levels here, major support, and resistance to the upside. So far my weekly 12.37 has been spot on.
The_Unwind
@StopLoz, Nice work. Shows the value of "deep price research" You obviously know your numbers :)
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