Analysis: #NASDAQ $MARA
Case 429 #MarathonPatentGroup Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#MARA 1/4
Case 429 #MarathonPatentGroup Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#MARA 1/4
Chart 1
Weekly Chart: The strong close/hold above the July 2018 #pivot at 0.85 has seen a tremendous up move stalling at the June 2018 pivot at 4.84. Beneath there lies an unreliable pivot at 3.51 and further below the unfilled .....
NARA 2/4
Weekly Chart: The strong close/hold above the July 2018 #pivot at 0.85 has seen a tremendous up move stalling at the June 2018 pivot at 4.84. Beneath there lies an unreliable pivot at 3.51 and further below the unfilled .....
NARA 2/4
..... gap at 2.84/19. A close/hold above 5.72 targets 7.60 and the #SMA 200 at 6.91 should not be problematic to overcome.
MARA 3/4
MARA 3/4
Chart 2
Daily Chart: Pivot #support below the gap is 2.08 and the SMA 200 is currently riding the April 2020 #trendline at 1.07 with a break below targeting 0.89.
The #Strategy is printed on the image.
$MARA 4/4
Daily Chart: Pivot #support below the gap is 2.08 and the SMA 200 is currently riding the April 2020 #trendline at 1.07 with a break below targeting 0.89.
The #Strategy is printed on the image.
$MARA 4/4
