Live monitoring of the Descending Triangle setup on MAR. See where price is heading.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
Consolidation. Can break either way.
Sideways movement between parallel supports.
A clear signal has emerged for Marriott International (MAR) on the daily chart. Currently at $374.43, the asset is showing upward momentum (2.73%). Price action has carved out a classic Bearish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $359.96, targeting $293.68 with support near $376.44 (R:R 4.02).
What is your outlook on MAR?