$MARA Holdings(MARA)$ $CME Bitcoin - main 2412(BTCmain)$ πΊπ ±οΈππ »π »π Έππ ·πΊ
ππ° $BTCβs Golden Groove: Dancing Towards $101,800! π°π
$BTC is showing some sweet harmonic moves, think of it as Bitcoinβs version of hitting the dance floor! πΊ
π‘ Key Moves in the Playbook:
β’ $97,000: Lands squarely in the gold band,where the magic starts.
β’ $99,500: The next target, setting the stage for an encore.
π―π―π―β’ $101,800: Ultimately aiming for that higher high, calculators ready. π
Looks like Bitcoin is ready to move and groove. The question is, are you riding this π or watching from the sidelines?
$CLSK: Iβve often pointed out that miners tend to post poor earnings and yet, buyers keep stepping in. Some have loaded the boat!
β’ $13.20 (Red Band): A key level to watch! If it holds, this could be a solid buying opportunity.
β’ If not, eyes shift to $12.85 for the next potential bounce.
π’ Meanwhile slow movinβ MARAπ’
$MARA took a tumble and dropped below support at $26.60, leaving traders scratching their heads. π¨ Itβs now hovering around the overnight trading price of $25.74. So, where do we go from here? Letβs break it down:
π― Targets to Watch:
β’ $26.60: Needs to climb back here ASAP to regain its footing.
β’ $27.30 (Gold Band): This is the golden ticket for upward momentum. π«β¨
β’ $29 (Orange Band): Hit this, and we start to see the magic. πͺβ¨
β’ $33 π―: The promised land β but only if MARA can hold the levels above.
Happy trading ahead. Cheers, BC πππ
@Tiger_comments @Daily_Discussion @TigerPicks @TigerPM @TigerStars @TigerObserver @TigerGPT
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MARA Holdings (MARA) Analysis
Business and Industry Overview: MARA Holdings is involved in Bitcoin mining. The company mines Bitcoin and actively buys it as well. MARA has seen significant growth in its mining operations and has increased its hash rate. However, Bitcoin's recent performance has been volatile.
Latest Earnings and Forecast: MARA's latest earnings report showed a loss per share of $0.42 in the third quarter of 2024. The company's earnings forecast for the future is as follows:
2024 FY: Estimated EPS of $0.51, forecasted gross income of $653.41 million, and forecasted EBIT of $82.81 million.
2025 FY: Estimated EPS of $0.09, forecasted gross income of $916.22 million, and forecasted EBIT of $94.37 million.
2026 FY: Estimated EPS of -$0.21, forecasted gross income of $1.05 billion, and forecasted EBIT of -$203.63 million.
Recent Trends: The stock price of MARA has taken a tumble and dropped below support at $26.60. It is currently hovering around the overnight trading price of $25.74. Key levels to watch for potential upward momentum are $26.60, $27.30, and $29.
Analyst Viewpoints: Analysts have mixed recommendations for MARA. 1 analyst recommends, 3 analysts rate it as a buy, 7 analysts suggest holding, and 1 analyst indicates an underperform rating. The mean, low, and high target price estimates from 11 analysts are $24.18, $16.00, and $33.00, respectively.
Capital Flow: Over the past 5 days, the capital flow data for MARA shows a mix of inflow and outflow, with a net inflow of 40,596.1 thousand units on 11/22 and net outflows on subsequent days.
Earnings and Financial Ratios: In the latest quarterly result, MARA reported a net profit margin of -94.79%, return on investment of -10.31%, and return on equity of -18.16%. Other financial ratios and figures are available in the earnings result section.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and investors should conduct their own research and analysis before making investment decisions.
Sources:
Crypto Daily | BTC Priced at $96K; MicroStrategy Sells 3.7 Mln Shares to Buy Another $1.5 Bln of Bitcoin; CleanSpark Falls 4%
Michael Saylor Says MARA On The 'Bitcoin Standard' As Company Doubles Market Cap, Stock Price In Last 3 Months
Why Mara Holdings Stock Dived by Nearly 7% Today
Why Crypto Stock MARA Continue To Benefit As Bitcoin Takes Off
MARA Holdings Faces Mixed Analyst Sentiment: Revenue Miss And Conservative Forecasts Amid Bitcoin Rally
Bitcoin Mining Stock MARA Holdings Is Moving Higher: What's Going On?
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