Candice Housman
2024-12-09

$MARA Holdings(MARA)$ ANALYSIS & TRADE PLAN

Summary:

MARA has been forming a large cup & handle over the past 4 months and appears to be setting up for a healthy breakout. Looking for a long entry on daily close above 27 on handle break or a break above 27.5 with a 24.5 stop loss in mind. Time horizon for the trade is long term; pattern formed over about 4 months so I like to allow at least that much time for the breakout to play itself out hinting to the longer dated contracts.

P&L Assuming ~27 Entry:

Gain: $9

Loss: $3

Risk v Reward: 3:1

Possible Contracts:

25C for 3/21/2025 (currently @ 8)

30C for 6/20/2025 (currently @ 9)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
10