Technical Analysis of Marathon Holding (MARA). This is not a trading or investment recommendation & is only for educational purpose.
Disclaimer - I Don't own shares of Marathon Holdings (MARA).
1. The stock has been in a long trend downtrend as it has been trading below the 200 DMA
2. The downtrend stopped on 24-Jan-21 with buyers stepping in evidenced through...
Remember how I ALWAYS remind you all that I don’t trade crypto, but I trade crypto-related equities? Yep. Here ya go. Action has looked really nice on this one as of late. Will be watching for early weakness to scoop. A 50% retrace of Friday’s move puts us right into the highs from Thursday around 38.5. There’s a chance any morning flush might not quite get there...