Marriott - MAR Technical Analysis

13 mag 2020

MAR

The idea might be to:
Go short for a short term investment until the green trend line;
Long Term - Go long, but wait for the right signal to buy.

Fundamental Information
Regional destinations that guests can get to by car will be the first to rebound, Marriott CFO Leeny Oberg
said Monday after the hotel operator reported dismal earnings .
“As some beaches in the U.S. reopened, we saw transient bookings increase quickly,” Oberg told CNBC.
“So far, group cancellations have been concentrated in the first half of 2020,” she added.