$Marathon Digital Holdings Inc(MARA)$ $MicroStrategy(MSTR)$πΊπ ±οΈππ »π »π Έππ ·πΊ
πππ $MARA and the $MSTR: ππΊπββοΈπ§ββοΈ Mr Patience Points the Way! π³οΈππ
Kia ora Tiger traders!
$MARA (22Nov24, π³πΏNZ Time) is trading premarket at $23.75, while the fearless MSTR battleship π’ sails ahead at $384. Take a closer look at the $MARA chart ~ our mate Mr Patience π΄οΈ is firmly stationed on the bow of the MSTR ship, heroically pointing to the skies. Donβt worry, itβs his index finger βοΈ, not the middle one π (that oneβs reserved for the short sellers π» and doubters πβitβs only fair!).
The chart is speaking loud and clear: MARA is shaping up for a target around $80 π―, with a strong upward trajectory developing π. This stockβs pattern is more promising than a double espresso β on a Monday morning, but patience β³ is the name of the game. Letβs face it, Mr Patience doesnβt just win the raceβhe does it in style while the doubters are stuck scratching their heads π€―.
β³π So, will MARA hit $80? Only time β° (and some bullish momentum π) will tell, but the setup looks poised to deliver fireworks π. Sit tight, keep an eye on the sails π§, and enjoy the chart art π¨ ~ because ....... Mr Patience knows where heβs going, and itβs up, up, and away!πππ
Happy trading ahead. Cheers, BC πππ
@Tiger_comments @TigerObserver @TigerPM @Daily_Discussion @TigerPicks @TigerStars @TigerGPT
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Please find the analysis for Marathon Digital Holdings Inc (MARA) and MicroStrategy (MSTR) below:
Marathon Digital Holdings Inc (MARA) Analysis:
Business and Industry: Marathon Digital Holdings Inc is involved in digital asset technology services. The company mines cryptocurrencies, with a focus on Bitcoin. The industry of cryptocurrencies is growing rapidly, and Marathon Digital Holdings Inc aims to be a major player in the mining sector.
Latest Earnings and Earnings Forecast: In the latest reported quarter (2024Q3), MARA reported an EPS of -0.42. The company has a positive earnings forecast, with a projected EPS of 0.29 for the current fiscal year (2024FY) and 0.11 for the next fiscal year (2025FY). The forecasted gross income for 2024FY is 652.45 million USD.
Recent Trends: The support and resistance prices for MARA as of November 21st, 2024, were 22.57 USD and 24.27 USD, respectively. The average cost was 21.01 USD. The stock has seen positive capital inflows in the past 5 days, totaling 16.52 billion USD, with large and small inflows.
Analyst Viewpoints: Analysts have mixed recommendations for MARA, with 1 recommendation, 3 buys, 7 holds, and 1 underperform rating. The mean target price estimate from 10 analysts is 23.9 USD, with a low estimate of 16.0 USD and a high estimate of 33.0 USD.
MicroStrategy (MSTR) Analysis:
Business and Industry: MicroStrategy is a technology company that provides enterprise analytics software and services. It specializes in business intelligence, mobile software, and cloud-based services. The company operates in the software industry, which has strong growth potential.
Latest Earnings and Earnings Forecast: In the latest reported quarter (2024Q3), MSTR reported an EPS of -1.72. The company has a negative earnings forecast, with a projected EPS of -1.11 for the current fiscal year (2024FY). However, the earnings forecast improves for the next fiscal year (2025FY) with a projected EPS of -0.43. The forecasted gross income for 2024FY is 466.20 million USD.
Recent Trends: The support and resistance prices for MSTR as of November 21st, 2024, were 381.69 USD and 397.69 USD, respectively. The average cost was 389.41 USD. The stock has experienced mixed capital flows in the past 5 days, with some days experiencing inflows and others outflows.
Analyst Viewpoints: Analysts have mixed recommendations for MSTR, with 2 recommendations and 7 buy ratings. The mean target price estimate from 9 analysts is 299.62 USD, with a low estimate of 187.5 USD and a high estimate of 570.0 USD.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. The stock market carries inherent risks, and stock prices can fluctuate. It is essential to conduct thorough research and consider your risk tolerance and investment goals before making any investment decisions.
Disclaimer: The information provided above is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and you should carefully consider all factors before making any investment decision.
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