Long scalp $MARBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $MAR exceeds today's high of $181.57 during tomorrow's session.Longby MrHalfPercent110
Hotel Stocks Could Be Breaking OutDespite last week’s sharp drop in the market, one group tried to break out: Hotel stocks like Marriott. The main pattern on today’s chart is the high-volume rally and breakout April 13-20. The move followed comments by airlines like Delta Air Lines , American Airlines and United Airlines about strong post-pandemic demand for travel . Second, notice how prices bounced a the 200-day simple moving average (SMA) in December and March. The stock then found buyers at the 100-day SMA in mid-April. Holding faster moving averages suggests that the trend is starting to accelerate. Third, MAR remained near its highs and was mostly immune to the volatility in other corners of the market earlier this year. (See the relative strength in yellow.) Traders may now watch the price zone between roughly $168 and $173 because it was a consolidation area in late March. The 50-day SMA could also become potential support. Finally, it’s noteworthy that related companies like Hilton , Wyndham Hotels & Resorts and Host Hotels have similar patterns. That suggests investors are starting to build positions across the industry before the summer vacation season gets underway. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing in cryptocurrencies involves significant risks. Please click here for TradeStation Crypto’s risk disclosures on investing and trading in cryptocurrencies. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation12
Travel and lodging stocks looking great. Moving on higher volumeNASDAQ:MAR $HLT and $ABNB also falls in similar pattern Good basing pattern. Let's se if the breakout holds. Poised to move higher Longby jaganjohnUpdated 0
Breakout in PivotDefensive Plan Planning staggered stop if breakout does work right away 50% sell breakout day low 75% sell 20 D MA 100% sell 50 D MA Aggressive Plan The plan could change to be more aggressive if the setup improves after an orderly pullback or tightening to new highs IBD RATINGS FOR MAR ChecklistRating Composite Rating98Pass EPS Rating79Fail RS Rating91Pass Group RS RatingB+Pass SMR RatingAPass Acc/Dis RatingB-Pass EPS % Chg (Last Qtr)983% 3 Year EPS Growth Rate0% EPS Est % Chg (Current Yr)71% Annual ROE114%Longby flywsam0
$MAR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MAR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%. Longby EPSMomentum1
Earnings watch 2/15 pre-marketEarnings watch 2/15 pre-market: MAR QSR HUN ZTS ARCH TRTN PTN ECL FIS SABR Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comby Options3601
$MAR important BreakoutThis is the great breakout because this was following the trend line from long time Longby Ghuman1251
$MAR Setting up Potential BreakoutStarting to see some reopening plays popping up with bases. $MAR is one that I will be watching early on this week. Nice base with a potential clear pivot. Not a big fan of volume pattern but that's all we are getting right now.Longby TaPlot4
$MAR | WEEKLY WATCHLIST 12/27$MAR 1W Safe to say I nailed this one. I'm still long LEAP options since $148 and looking for my targets of $175 and $200 to be realized into 2022.Longby StonksSociety0
$MAR rejecting important levels for new ATH?ANALYSIS: $MAR last trading session showed great rejection candle off last year high and previous month low. After pulling back to Pivot Based EMAs, price closed just above slow PEMA. The rejection is supported by low volume node from the composite volume profile over the last six months. In addition, the rejection area remains highly important for $MAR since major tests occurred in Feb '18, Dec '19 and Mar '20 (ref. weekly TF) EXECUTION: Scaling into the position by executing an entry with 50% trade allocation at/near the last session's mid point (153.18), if price opens above it on Monday 22.11. Add to the position by executing an entry at/ near the absorption zone (mid point of rejection day) on Day 2. Finish scaling to defend your position should a failed new low of days 1 and 2 develop on Days 3 and/or 4. In price closes below 153.18, exit the position. TARGETS: The new low of the month suggests a possible retest of month highs at 162.31 with further extensions up to 165.50.Longby abel862
MAR showing signs it's ready to go higher!* Great earnings * Strong up trend * Very high RS in the Consumer Services sector * Earnings steadily increasing quarter over quarter * Breaking out of a ~8 month consolidation with higher than average volume * Recently broke a long term resistance of $152.78 that dates back to 2019 and retested it as support for ~5 weeks Trade Idea: * Now is the perfect time to get in as the price is really close to the broken level and it's also picking up on volume. * If the earnings are good, this has a great chance of a break away gap.Longby HaseebKhan_90223
$MAR [Marriott International] Has reached a significant level.NASDAQ:MAR Has reached a significant range meeting with the upper wedge of a channel that has been extended since 2018. #AHMEDMESBAHby AhmedMesbah2
MAR Breaking OutMAR Breaking out of 7 Month Long Base Price above 200 DMA Volume picking upLongby zhasan92hzUpdated 0
$MAR breakout, pull back, and bounceNASDAQ:MAR $MAR all time high, 7 months base. Break out, pull back, and bounce. While 6 weeks green straight, so maybe take a rest some time.Longby iqheaven0
Marriott International Bull Flag ContinuationMAR broke out of a descending channel around Sep 10, and started a bull run toward resistance at 145.98 where it rejected and began to flag. It broke out of the flag on Sep 22 and proceeded to smash through resistance at 145.98 and 150.65. Price appears to be moving at the same angle as the initial move and it looks as though it may retest the ATH by Tuesday 9/28. With the strong base built beneath the initial ATH test, we could see an extended run to new highs following a break above 160.00. Happy trading!Longby Stonkademy222
MAR: Potential break out from current channelPrice has been channeling down for quite some time, oversold and lately buyer volume increasing. Expecting some break out from the current formation. Dont forget your SL & TP :DLongby UndergroundAnalyst1
$MAR - double bottom play?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.Longby PaperBozz0
MAR Setting UpKeep an eye on NASDAQ:MAR this week. It looks like it is getting ready to break out. A small inside day tomorrow would make for a perfect entry setup.Longby TechnicallyCorrectUpdated 4
Crucial Area for MAR: bullish MACD diverg: Bear Trap, BreakoutCrucial area for MAR. Slight bullish MACD divergence forming with bullish cross likely in next few days. Potential bear trap occurred on June 28th as price broke below support but has since regained that support level. Clear descending triangle pattern is coming to a head in the next few days as price moves up towards trendline resistance. Descending Triangle is usually considered a bearish pattern, but given the MACD divergence, the potential bear trap that resolved higher, the longer term bullish stock trend, and the narrative of pent up travel demand, I'm inclined to play for a breakout. Will change my mind if price makes a lower low below the "bear trap" and or dips below the 200 day, roughly $130. Have been long the stock since 2.22.2021 at $144.96. Long call options as of 7/01/2021. Longby GODCHAG0
long MAR on break out MAR breaking out from descending triangles making higher lows in the last 30 days long over 145-147Longby UrBullishGrace0
Summer VibesGet ready, folks🔥 One more trade is on the way to make you rich😎 There is a Flag formation on Marriott. There was a strong and confident bullish sentiment before. Then price entered into consolidation and multiple times bounced from support and resistance zones. Follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".Longby Berzerk_invest443
$MAR with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MAR after a Negative Under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.by EPSMomentum0