PaperBozz

$MAR - double bottom play?

Long
NASDAQ:MAR   Marriott International
MAR is currently double bottomed on 1.382 fib extension support.
If the fib support holds and price bounce from here we can reasonably expect to see $149.
Good case - $140
Best case - $149
Stop loss - below $127
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.