Breaking below $9.58 will initiate a change of structure ( choch ) at which point, puts may be permissible. My target price in this situation would be $8.90. If you view this stock on a larger time frame, we've been ranging for quite some time.
Now, on the off chance that we break and hold above that $10.39 supply, it may be a good idea to go long.
NFA.
Commento
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Be wary of this $9.18 level. If we don't break below it, this may be a good time to get out of puts. If we DO break below it, $8.90 is coming.
Hej @Wayt0Dark_, thanks for sharing your view on Marathon Digital Holdings. I must add this stock is my favorite crypto-miner. Let's see how it closes in June 2023. All the best, Let's go Team MARA...!
Chartguru1
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Damn just saw this post,,,,u nailed the low. Kudos. Coin news helped
This is perfect for me as I am in a 8.50 PUT expiring next week. Hard to decide when to sell. I will keep this in mind - depends on BTC price action and QQQ for me.
Wayt0Dark_
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@MainSource44, Just as a heads up. This already happened. This is an old post.
I must add this stock is my favorite crypto-miner. Let's see how it closes in June 2023.
All the best, Let's go Team MARA...!