MARA: WATCH THIS BEFORE OPEN!!

MARA: WATCH THIS BEFORE OPEN!!

okay folks so tomorrow after close Mara stock is going to be reporting earnings and for context Mara’s had a few insane quarters going from seven bucks to 31 then dumping in half to $14.50 and then back up to a new high at $349 then dumpy dumpo back to $14.50 and now she’s been trying to climb again and in today’s video I want to explain whether or not you may start seeing Mara fill in this Gap to get back to last Cycle’s highs today I’m going to give you the full breakdown and the only thing I ask in return is that you hit that ravy button and also don’t forget to subscribe and of course as always if you’re the one taking the risk you got to make sure that you’re the one doing the ultimate Frisk okay so Mara lovely Mara what is Mara for the unacquainted well Mara is Marathon digital Holdings and she is one of the leading names in the Bitcoin mining industry known for her significant hash rates o got to love those hashes she’s got and and operational efficiency and the context with Mara here is that she’s invested tons and tons of money into making sure that she’s competitive posst having as you know Network difficulty goes up and rewards go down over time so Bitcoin mining is going to increasingly become a win or take all situation but in order to understand Mar’s pricing you got to understand bitcoin’s pricing and what’s going on there Bitcoin rallied huge into having which has indeed historically been the case and since it’s been overall cooling down we’ve dropped about 15% from highs now if you look at the historical data Bitcoin tends to go up not just before not just before but after having as well it doesn’t usually go up immediately after having but overall within a month or to you start seeing the next wave of uptrending and if you look at this chart from coindesk it shows July 9th of the 2016 having cycle you had that having and then you had a selloff of about 28% over the next two weeks and then Bitcoin started slowly rising and towards new all-time highs you open up the chart I mean the selloff that you saw after that having ended up being the small little portion here when everybody was fear-mongering that Bitcoin was done forever and that having destroyed Bitcoin well the overall situation ended up being just this small little dumpy dumpo right here and it ended up going from having prices at 648 bucks to over 10K right over that 10K line and it topped out around 19k keep in mind that this is a logarithmic chart so the magnitudes are a lot more extreme than meets the eye if you’re just looking at this chart so anyways the point here is that it’s not unprecedented to see a selloff in the immediate aftermath of having and then to see it pick up a few weeks or months later now obviously history doesn’t have to repeat itself but it often Rhymes now the other thing I want you to keep in mind today with Bitcoin is from a technical standpoint you’re going to need a pretty damn big breakout to fight off the Bears we are in a very aggressive downtrend and that can be a very self-fulfilling prophecy the longer it lasts folks we need to break out well over this upper trend line and even then markets aren’t going to be convinced because last time we did that the stock price just immediately failed afterwards so you’re looking at a breakout into the high 60s before markets are even convinced and can start on the track again to new all-time highs which we definitely could see this year but you need to start hitting these technical indications for markets to say hey we have enough elevating factors to motivate more positions towards the upside now you go over tomorrow and Mara’s chart is diverging which is a very interesting thing Mara is not in a downward Channel right now she’s in the beginning of an uptrending one and this Divergence from Bitcoin is only possible because when Bitcoin was going up Mara was selling off on company specific issues and now that Bitcoin is selling off some of these company specific issues are going away allowing for that Gap to close in a little bit now if Mara is going up at the same time that Bitcoin is downtrending imagine what would happen if Bitcoin starts going up again which again history suggests is likely to happen next I want to go through the short squeeze capabilities and the short squeeze setup here but first a quick plug if you’re wondering what broker to trade stocks like Mora on well I highly recommend that you check out Mumu Mumu offers a ton of features and tools that other Brokers charge you for or that you’ll have to go to third parties and pay a monthly fee of an arm and a leg but it’s all included within the mumu platform and at the same time they’re commission free and there’s a lot of things that you’re going to need to use such as data visualization news alerts different scanning capabilities top-notch data whether you’re talking level two or options flows it’s got some of the best and most powerful indicators out there and all of these things are all included under the mumu Investment app so definitely recommend checking them out I’ll put the link down below and because we have a partnership with them they are offering 10 fractional shares of Magnificent Seven stocks if you use our link down below if you don’t like us you don’t have to use our link but hey it’s worth it to get those 10 fractional shares short squeeze capabilities let’s get back to Mar lovely Mar so crypto miners have a lot of large risk factors which makes them very very very easy shorts and shorts attacked Mara pretty damn aggressively during its downtrend its brutal downtrend and then during the Revival of Bitcoin well Mara totally punched them back in the face but anyway short interest right now is at around 20% 20% Short Selling you got to think about it as artificial dilution essentially creating shares that don’t exist out of thin air and when you have some 1 of shares out there being artificially created by short sell and it creates the situation where if the stock jumps and shorts cover you could see somewhere around 20% of the trading float just all of a sudden up and disappear in a rebinding storm which could cause the price to go up a lot and that is a very very nice thing to see and in terms of the off exchange short volume ratio it’s at about 42% what does that mean well often times short sellers like to play this little game where they’ll go and they’ll short something aggressively on the public market so that people can see the stock price dump and then they’ll re buy back on the off exchanges so that people don’t see the positive price increase but the thing is there’s not unlimited liquidity there’s not unlimited shares on the private market so the minute that all of a sudden a stock price starts rallying aggressively and it goes up 20 30 40 50 60% in a very short time span well what happens to these short sellers all of a sudden they have to rush to the public market in order to cover their short positions in order to buy back shares to close their short positions and that’s when you get the beautiful short squeeze setup that said when there’s big money involved be aware that there’s big tricks involved it’s very common hypothetically that you’ll see hedge funds trade both sides of the move buying in at lows inducing retail traders to buy in as the price goes up and then dumping it highs and then shorting aggressively as media pumps out bad press releases focusing on nonsense pretty much the entire stock market is all a big trap to try to take your money so you got to make sure so you got to make sure that you’re smart enough to protect yourself because you’re not going to outsmart them but but you can outrun them and run home with your profits now I want to move on and talk about Mora the itself and recent progress they’ve made so take a look at this press report that came out a couple of weeks ago so Marathon digital Holdings increases 2024 hash rate target to 50x a hash now I’m a simple-minded guy I like to think of hash rate as horsepower on a car the more horsepower a car has the faster it can go and Bitcoin mining in that sense is like a big car race you have all these different Bitcoin mining companies all racing and in order to keep your place in line well you got to invest in having more and more horsepower because if everybody else is doing it well they’re just going to pass and in order to gain ground you don’t have to just invest to maintain your position but you have to invest even more than everybody else is doing so that you can gain ground on your competition and get more rewards get a bigger trophy AKA mine more Bitcoin so Mara started 2024 with a hash rate of 24.7 and their new Target is 50 and they’ve been making strategic Acquisitions to make this happen the CEO said quote given the amount of capacity we have available following our recent acquisitions and the amount of hash rate we have access to through current machine orders and options we now believe it is possible for us to double the scale of marathon’s mining operations in 2024 and achieve 50x a hash by the end of the year now just to show you the trend of improvement and the success they’ve had if you look at the energized hash rate at the end of April they reported 29.9 a year ago is at 14 and again going back to the car racing analogy Mara needs to do this in order to maintain her dominance in the car race she has to invest enough to maintain her spot maintain her production levels but also invest even more to grow her production levels and Mara has gotten a lot of criticism for investing hand over fist and fist over hand in her infrastructure but you could see that it’s paying off here and quite frankly I think these April numbers were a little bit low Mar had a little bit of a dip over February and there’s a few little difficulties here and there and I think they’re going to be watered out in the coming months so I actually think she gained even more ground than this if you look at the overall trend but we’ll see some more information on that tomorrow so earnings they’re coming out tomorrow what should we expect here well you got to understand that going into earnings Mara just got into the S&P small cap 600 which gives management some room to brag and talk about all the capital that might be allocating its way into tomorrow as more and more people wake up to the setup and if you look over at Zach Zach’s investment they say the company’s expected to report a 166.25 year-over-year increase in post quarterly earnings per share and 279.899 so q1 ended March 31st and the market kind of topped out March 31st so from that standpoint q1 should be incredibly solid but I believe that guidance is going to be a lot more cautious and that could be what really Spooks markets the management is looking at Bitcoin just like we’re looking at Bitcoin and they can’t say whether or not it’s going to go up or down because that would be predicting and promising and they’re going to get sued whether or not they believe Bitcoin is going to go up or down throughout the rest of the year I believe they’re going to take a more cautious Eng guarded approach and well guidance might be a little bit low which could certainly freak out markets and of course as we know with the short squee setup it’s very very easy for financial media to start pumping out negative PR about any sort of small line item on Mars’s earnings and then all of a sudden retail’s like okay well I believe what the financial media said so I have to I have to sell this and then of course a few months later when it’s going back up they’re going to be like okay time to buy and the short sellers have now flipped the script but the point here is it’s very very difficult to predict in my opinion it’s a Fool’s errand to try to predict what’s going to happen on earnings and then even worse try to predict how the stock is going to reactor earnings in my view there’s there’s a million different personalities and characters involved here both at the company at the short seller level in terms of the retail space it’s just impossible to predict but practically what I will say is that I believe Bitcoin will short to medium term continue its uptrend I believe Mara will follow that and that thesis motivates my opinion that whether Mara sells off tomorrow on earnings or whether she rallies she’ll inevitably find her way back to these cycle highs in the low to mid-30s and hopefully later break out far past those levels and at the same time since we can’t control pricing my view is that if that thesis is proven wrong or Mar decides to dilute the boat again I would plan with strategic stop-losses a strategic risk management Plan before you take any kind of position if you ever think about going into a position without a stoploss without some form of thought out risk management well you got to ask yourself would I ever go on a roller coaster without a seat Bel and if your answer is yes to that fine go ahead do it without a stop loss but if your answer is no then certainly have a stop loss anyways folks that caps off today’s video make sure to let us know your thoughts on Mara down below do you think she’s going to go up do you think she’s going to go down do you think it’s a little bit more complicated are we right Are We Wrong what is your opinion we love hearing from you and of course make sure to take advantage of your 10 free fractional shares of Magnificent Seven stocks when signing up with Mumu in the first link down below excellent platform you’re going to love them we’ll see you in the next video

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Time Stamps:
0:00 INTRO
0:36 CONTEXT
2:27 CHART
4:29 SHORT SQUEEZE
6:33 HORSEPOWER
8:20 TOMORROW
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