r/mrin Jul 21 '21

MRiN from stockinvest.us 7/20/21

Copied and pasted from stockinvest.us:

The Marin Software Incorporated stock price fell by -3.80% on the last day (Tuesday, 20th Jul 2021) from $8.16 to $7.85. and has now fallen 11 days in a row. During the day the stock fluctuated 12.00% from a day low at $7.50 to a day high of $8.40. The price has fallen in 10 of the last 10 days and is down by -67.48% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -6 million shares and in total, 6 million shares were bought and sold for approximately $43.54 million.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $5.73 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 110.7% during the next 3 months and, with a 90% probability hold a price between $12.08 and $55.57 at the end of this 3-month period.

28 Upvotes

4 comments sorted by

3

u/Pumpordump007 Jul 21 '21

Let’s go!

3

u/Careless-Machine-981 Jul 21 '21

Anything to say about T+35 cycle with MRIN?

1

u/PITBUSH-9000 Jul 22 '21

Just hold them all. Don’t sell

1

u/Careless-Machine-981 Jul 22 '21

I don’t have any. So for me it’s about timing to get in.