MARA - Update - Following BTC Accumulation MARA is highly correlated to spikes in BTC price. Options are cheap and so is stock.
WARNING - This stock is known to have 30%-100% gains in under a week and then massive selloff. Need to watch carefully.
I have purchased stock and options in the current zone during the last dip October. I am neutral biased for movement (but long Calls and stock).
If it turns down, risk is limited with smaller investment and I can jump ship.
Risk - 1
Reward - Almost 4
If it turns down, risk is limited with smaller investment.
Previous trendline from Nov. 5th needed to be dropped with recent minor BTC re-accumulation pattern.
Very interesting how the main wedge (bottom line 4 years, top line 6+ years) lines up about 1 month before BTC halving.
When BTC goes through halving, I am betting that price for both BTC and MARA should see a increase.
Please trade carefully here and use limited risk.
If MARA gets active, you can always PM me here for a chart update.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
MARA
MARA - Flashing BUY Signal on DailyMARA finally flashed a BUY for today's Daily candle.
The downward trend reached the bottom wedge line and turned like it should.
All indicators are turning Bullish.
Trade this stock carefully. It gives great returns in short time, but goes down quick. Timing is everything here.
If you get up 50%, 100%, then get out. Otherwise, you are risking giving back profits.
MARA follows spikes in BTC prices. If BTC price spikes, I suggest looking to take profits or see if BTC move will be extended for further MARA gains.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short SPY.
$MAR Marriott Int Bullish Reversal Short term price target $140
Very bullish reversal after initial selloff post earnings.
Company profile
Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; Asia Pacific; and Other International. The North American Full-Service segment includes luxury and premium brands located in the U.S. and Canada. The North American Limited-Service segment comprises select brands located in the U.S. and Canada. The Asia Pacific segment focuses in all brand tiers in Asia Pacific region. The company was founded by J. Wiliard Marriot and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.
MARA - From Outter SpaceSee below for 1st Chart in this series (Close Up View).
MARA ( Marathon Patent Group ) mirrors bitcoin price runs. Options or stock are cheap and profitable if timed correctly.
I see this going to $2.50+. It will be quick and short lived.
Last run up there were two entries to gain 50% and another 60% after first peak decline.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not an advisor.
Disclosure - I am long MARA, GBTC , BTCUSD , GDX , VIXY and short SPY .
2nd Chart from First Post Today -
MARA - Coincides with BTC uptrendMARA (Marathon Patent Group) mirrors bitcoin price runs. Options or stock are cheap and profitable if timed correctly.
I see this going to $2.50+. It will be quick and short lived.
Last run up there were two entries to gain 50% and another 60% after first peak decline.
I will post another chart with "Outter Space" view. This is NOT a long term investment. This is a play on Technical Analysis, Pattern Analysis, and speculative future Bitcoin price.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not an advisor.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short SPY.
MARA - Shows Bitcoin bullish breakout comingMARA - Marathon Patent Group - is a good proxy for BTCUSD and GBTC.
MARA operates bitcoin mining hardware and mirrors price action in bitcoin and GBTC (sometimes as a leading indicator).
During 2017 bullrun MARA was over $38. Current price is under $1.60.
The MARA chart shows that there is a bullish breakout coming from the falling wedge, which repeats in this chart.
The Fisher Transform just turned bullish indicating longer trend (bullish).
If last two pops were indicators for MARA, we may see a 20%+ increase in MARA and BTC / GBTC coming out of this falling wedge.
I am long Calls on MARA for December 20 2019. In April of 2020, I will start to average into Call Options for MARA at December 2020 expiry (when BTC bull run in full effect).
Some of these call options are $0.10 per contract or $10 to execute (CHEAP).
Bitcoin Down Big, But OSTK Green. Massive Volume Spikes. LongThe fact that all the other bitcoin stocks are down says a lot about the strength of OSTK. Looks great for an entry today. Medium size, 1/2 -- now
Will be updating with more details
$XALL Bolis/Triangular Breakout Pattern - Massive Squeeze $BTC.XNEWS ON THE 13TH - TRACKING - WASHINGTON, D.C., June 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Xalles Holdings Inc. (OTC: XALL), a company focusing on accelerating fintech companies, leveraging blockchain technology for financial reconciliation, and payment auditing solutions, today announces the current status of multiple primary negotiations underway to prepare the company for the next quarter and the future.
As previously announced, Xalles plans to complete its audits, the process to become fully SEC reporting, and submit its Quotation Board (OTCQB) uplist application in sequence. While there were delays in late 2018 with those activities, the key milestones are now planned to be completed within the third quarter of 2019.
In tandem with those corporate reporting related activities, the company is currently in the planning and negotiation stages to secure debt financing and initiate a new Regulation A (Reg A) equity offering. We expect those financing agreements to be completed this month, with the equity submission requiring a SEC review and approval to offer new registered shares of the company to happen during the third quarter.
Xalles is pleased to also report that the company is engaged in negotiations to acquire new technology that could enhance our X2X system offerings. The design for the new version of X2X, our core solution platform that supports our Investment & Financing System (“IFS”) and Financial Transaction Reconciliation (“FTR”) services is almost completed. The system, which is designed on a Distributed Ledger Technology (DLT) Blockchain infrastructure, will be enhanced through state-of-the-art authentication and controls technology, and when completed, will offer a world class solution for corporations, government agencies and investment funds to process critical investment and commerce transactions.
The Xalles team plans to utilize some of the fundraising proceeds for completing the development of the new X2X system and implementing it with new customers through its IFS and FTR applications.
“We are entering what is potentially the most active and exciting quarter in our company’s history,” stated Thomas Nash, Xalles Holdings CEO. He added, “We have a motivated team to complete the administrative, systems development, and deal making activities that are all running in parallel and should all yield great results for the company in Q3 and beyond.”
The company would like all shareholders to know that Xalles Holdings, including all its subsidiaries’ directors, officers and employees have restricted shares only. The company currently has no free trading shares (shares in the float) that are owned by insiders or affiliates, which helps all staff focus on the key activities outlined above to build a stronger business for the future.
MARA - Tipping point approachingMARA is approaching the end of a pendent. Break out or break down by or before 5/17.
Looks like it could be setting up for a final wave before correction.
Bullish target is kind of crazy, as it would be a nearly 400% move... but a VERY STRONG 5th wave could push the price to $8.
Some bearish indicators though. Namely the bottom red bars.
How to trade:
Set an alert or a stop limit buy to buy if the price breaks out. I would want to see the price exceed $3.40 for confirmation and a break above $4 is a strong confirmation.
I am not currently long or short, but this one is on my list for calls next week.
MARA - Speculative fallen angel trade from $1.80 to $3.23MARA seems forming a nice fallen angel formation. There is a possible momentum scenario building here. It is a speculative trade in Block-chain industry, be aware of the risk.
* Trade Criteria *
Date First Found- April 26, 2018
Pattern/Why- FAllen angel formation
Entry Criteria- Current Price ($1.80)
Exit Criteria- 1st Target $2.43 & 2nd Target $3.23
Stop Loss Criteria- $1.58
Indicator Notes- Strong divergence in Twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
DPW Full Move Retracewas 100% winner last time the bitcoin stocks crashed. RIOT is flawed, DPW good alternative
SPI Short Premarket $1.27, ScaleThey put out these fake asks a few days ago for 2.50 in the premarket open, then bought them, only 100 share lots. Such a blatant attempt to pump the price up so they could dump shares. Recently put out a blockchain press release. You can see the rabid selling that happened that day. Company is way over leveraged and too many shares. A sure thing
BTSC Long IdeaBitcoins are starting to show life again. BTSC hits a double bottom and reverses is my guess. Set a limit order to BUY BTSC a few cents above the previous low.
MARA long ideaI see MARA forming a bull flag. I expect it to be supported by the 34sma so I don't expect a dip back down to the lower trend line. Possible upside +34% set stop for possible loss of 5%. Good risk reward. I can see it going to $7.80 from here. Blockchain is a hot sector right now. You might get this move all in one day.