(MARA) On The My Stocks Page

October 30, 2024, 14:04 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MARA

• Buy MARA near 18.7 target 25 stop loss @ 18.65 Details

The technical summary data tells us to buy MARA near 18.7 with an upside target of 25. This data also tells us to set a stop loss @ 18.65 to protect against excessive loss in case the stock begins to move against the trade. 18.7 is the first level of support below 18.75 , and by rule, any test of support is a buy signal. In this case, support 18.7 is being tested, a buy signal would exist.

• Short MARA slightly under 25, target 18.7, stop loss @ 25.07 Details

The technical summary data is suggesting a short of MARA as it gets near 25 with a downside target of 18.7. We should have a stop loss in place at 25.07though. 25 is the first level of resistance above 18.75, and by rule, any test of resistance is a short signal. In this case, if resistance 25 is being tested, a short signal would exist.

Swing Trading Plans for MARA

• Buy MARA slightly over 19.4, target 25, Stop Loss @ 19.34 Details

If 19.4 begins to break higher, the technical summary data tells us to buy MARA just slightly over 19.4, with an upside target of 25. The data also tells us to set a stop loss @ 19.34 in case the stock turns against the trade. 19.4 is the first level of resistance above 18.75, and by rule, any break above resistance is a buy signal. In this case, 19.4, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MARA slightly near 19.4, target 18.7, Stop Loss @ 19.46. Details

The technical summary data is suggesting a short of MARA if it tests 19.4 with a downside target of 18.7. We should have a stop loss in place at 19.46 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 19.4, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MARA

• Buy MARA slightly over 19.4, target 25, Stop Loss @ 19.35 Details

If 19.4 begins to break higher, the technical summary data tells us to buy MARA just slightly over 19.4, with an upside target of 25. The data also tells us to set a stop loss @ 19.35 in case the stock turns against the trade. 19.4 is the first level of resistance above 18.75, and by rule, any break above resistance is a buy signal. In this case, 19.4, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MARA slightly near 19.4, target 18.7, Stop Loss @ 19.45. Details

The technical summary data is suggesting a short of MARA if it tests 19.4 with a downside target of 18.7. We should have a stop loss in place at 19.45 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 19.4, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Marathon Digital Holdings Inc. (MARA) available here: MARA.

MARA Ratings for October 30:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	14.06
P2	18.21	17.96	18.7
P3	19.4	19.4	25

AI Generated Signals for MARA

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Trading or Investing in Marathon Digital Holdings Inc. (NASDAQ: MARA) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for MARA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if MARA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for MARA too.  All of these are offered below the Summary Table.