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MARRIOTT - LOCKDOWN EASED ! HOTEL IS BACK ! 1 YEAR RECOVERY !

Pembelian
NASDAQ:MAR   Marriott International
As we know, hotel and airlines industry were the one hit hard by Corona virus. travel is banned for termporary and airport was closed and affected hotel and cruiseline industry. last time was forecasted there was hidden bearish divergence on the short term corrective structure and currently will do corrective structure on the upside movement. Need at least a year to recover after the lockdown eased and the only thing there might a corrective structure and it seems ascending pattern will be formed soon. There possibility corrective may formed due to tension US-China on the south china sea that may affected the tourism industry at the south east country. but on actual its still on bullish trend for the hotel industry.

Technically price was endured on FR 61.8% and EMA 200 monthly. start rebound on this stage.

Long position: $96.87 (let the corrective struCture end first during recovery time)
Disclaimer on!