Recommendation
: Buy above $68.75
Target
$70.50
STOCK
SUMMARY:-
Mariott
Inc New is overall in bullish trend and is sustaining at higher
levels on chart. Traders can buy
the stock above the level of $68.75
which is a near term resistance level for the stock, and if it
manages
to breach this level further bullish movement is expected in
this stock to test the levels of $70.50.
CHART
FORMATION
Stock
is in bullish trend for near term and price is sustaining above the
trend line and with good
consolidation and trend line breakout on
daily intraday chart. Near term breach of resistance level of
$68.75
is expected, which would trigger bullish sentiment in the stock to
test the levels of $70.50.
INDICATORS:-
RSI
is trading with positive bias and in MACD signal line is sustaining
above MACD line which is
indicating bullish sentiment in the stock.
