Marriott InternationalPembelian
MAR Squeeze 3/3/23
Bull case:
- Holding the YTD AVWAP
- RSI divergence cleared up some overbought conditions (4hr chart)
- Good earnings and guidance
- Consumer is still spending like a maniac (credit cards)
- Seasonality is favorable
Bear case:
- No reopening in China
- High likelihood of higher rates (macro)
If last year's action is any indicator, some downside is not unexpected. Personally, this is a certified BTFD candidate.
Let me know what y'all think!
- Holding the YTD AVWAP
- RSI divergence cleared up some overbought conditions (4hr chart)
- Good earnings and guidance
- Consumer is still spending like a maniac (credit cards)
- Seasonality is favorable
Bear case:
- No reopening in China
- High likelihood of higher rates (macro)
If last year's action is any indicator, some downside is not unexpected. Personally, this is a certified BTFD candidate.
Let me know what y'all think!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.