Mara could sink back below 10, below 3, even. and that will scare the s* out of everyone holding. you'll hear -
their equipment is outdated
they're not profitable
energy is too expensive
they're facing regulation
they lost management
all of these are just words in the building of a business. the same was said about Apple, Amazon, Nvidia...
TinkerB3ll : Happy Sunday and this is definitely a good move too that we can read ahead of the weekend :) kudos to your effort for constantly sharing your thoughts
icezzz : Thanks for sharing, info really helpful
humorous Squirrel_48 : I've been optimistic about IWM since the beginning of the year. The Federal Reserve cut interest rates this year. IWM is definitely a dark horse, and I love Mara, but I have been following RIOT and COIN for a long time. I think their trends should be similar. Thanks iamiam, your analysis is very reliable! However, if QQQ and SPY start to pull back, it will be difficult for IWM to continue to rise. Perhaps the best situation is sideways trading. There may also be some pullbacks, but I will stick to buy the dip
JonnyBets : that wave thing is very interesting
CK 淡淡定有錢剩 : Love it.
iamiam OP CK 淡淡定有錢剩 : thank you
10baggerbamm : I've traded the leveraged Russell TNA several times and have a pretty good chunk at 32 and 1/4 3,000 shares now and I was way early started buying and trading last July when everybody was calling for the broader markets to expand the valuations multiple expansions and revenue growth and asset shifting and of course it didn't happen so I've been profitable traded around the core position at a loss on the court position bought more to average down when the secondary position came back sold that and now I've got a nice core position that looks like we're going to have a breakout knock wood into the low 40s it'll find resistance looks like it about 42 and 1/2 the upper Bollinger band on the leveraged ETF TNA. if we can get a broader expansion I think that by midsummer we can push the 60 on The leverage ETF and that would be my exit for my core position.
Gigigee : hi i am new to trading and your post is the first one i saw. Any tips on if i should buy Mara?
iamiam OP Gigigee : tomorrow is going to be bonkers. if direction is up, then there is upside. if we sell off, then i wouldn't. It can drop a lot.
Gigigee : thanks for your response! So meaning I don't buy it now is it? anyway no harm trying right?
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