Cycles Fan

    Posted by steve on 28th of Dec 2023 at 12:19 pm

    $MARA- RSI(14) topped at 91 yesterday. There are only 4 cases in the history of MARA when RSI(14) topped at 90 or higher. The drawdown that followed was the following: 

    October 2015 - 30% 

    March 2017 - 90% 

    November 2017 - 99% 

    July 2020 - 61%

    Short MARA

    Posted by steve on 29th of Dec 2023 at 10:47 am

    Timely - hope some caught 

    MARA - geez someone pulled

    Posted by steve on 29th of Dec 2023 at 11:56 am

    MARA - geez someone pulled the fire alarm - if similar to prior drawdown percentage would target $16.75

    Shorted MARA twice. - still

    Posted by Glad on 29th of Dec 2023 at 12:15 pm

    Shorted MARA twice. - still silly by me left too soon both times -  that’s called chicken sh*t

    Personally, would love to see

    Posted by shellson2 on 29th of Dec 2023 at 12:01 pm

    Personally, would love to see that.

    i tried to but couldnt

    Posted by morton7 on 29th of Dec 2023 at 11:06 am

    i tried to but couldnt get any shares.   

    Thanks Steve!

    Posted by EdZ on 28th of Dec 2023 at 12:26 pm

    Thanks Steve!

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