Marriott International declines tactically - Analysis - 06-12-2022

Economies.com
2022-12-06 11:56AM UTC

Marriott International's stock (MAR) fell in the intraday levels, while gathering momentum to pierce the important resistance of 166.56, amid the dominance of the upward short-term trend, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 179.25, provided the resistance of 166.55 was breached. 

 

Expected trend for today: Bullish

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