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SimplyShowMeTheMoney
Mar 1, 2022 1:36 AM

$MARA sold our shares with a 28.5% gain 👁‍🗨 Long

Marathon Digital Holdings, Inc.NASDAQ

Description

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

Recap: My team purchased shares of digital mining bitcoin company Marathon digital MARA at $21.30 per share on February 23, 2022.

Our take profit was originally set at $26 but we were able to sell our shares after hours today at $27.5 for a gain of 28.5%.

We sold early to secure our gains since we were already up so much, but my team believes that the uptrend will continue.

Congrats to those of you who took this trade!

Our Entry: $21.30
Take Profit (HIT): $27.5
Stop Loss: $20.75

If you want to see more, please like and follow us @SimplyShowMeTheMoney

Trade closed: target reached

Comments
Onceuponad1m3
This was a good idea, I had a similar thought process. Thanks!
SimplyShowMeTheMoney
@Onceuponad1m3 thank you so much. MARA is getting ready to break out of a symmetrical triangle. The direction is likely up.
Henry285
Nice way to go about personally im holding though I think its worth the risk imo but this is a good way to trade the asset.
SimplyShowMeTheMoney
@Henry285, I agree with you. MARA will probably be bullish the rest of the week! Thanks for commenting!
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