MARA July reached a High of 27.30 (middle of July) and began its' downtrend to the Low in Q3, at 13.17 (beginning of September). I believe that is The Bottom of the V as MARA begins to ascend back towards the next 2 legs up!! So, with that being said, I comfortably took 15.50C options expiring 9/27 with the analysis that MARA is running up into its' next leg of Support and Resistance (16.59 - 18.84). I am by no means a professional investor, stock analyst, or financial advisor... I am a tier lower than an amateur beginning trader, so please do not jump into any recommended trades without doing your own research! Support and Resistance levels provided for July, August, and September from my perspective!
Komentar
Well folks, I think I nailed this... still got a day left for the week but my 15.5 and 16.5 calls paid off huge!!!
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