Trading (MAR) With Integrated Risk Controls

April 18, 2024, 07:12 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MAR

• Buy MAR slightly over 235.31 target 249.4 stop loss @ 234.63 Details

The technical summary data tells us to buy MAR near 235.31 with an upside target of 249.4. This data also tells us to set a stop loss @ 234.63 to protect against excessive loss in case the stock begins to move against the trade. 235.31 is the first level of support below 238.46 , and by rule, any test of support is a buy signal. In this case, support 235.31 would be being tested, so a buy signal would exist.

• Short MAR slightly under 249.4, target 235.31, stop loss @ 250.12 Details

The technical summary data is suggesting a short of MAR as it gets near 249.4 with a downside target of 235.31. We should have a stop loss in place at 250.12though. 249.4 is the first level of resistance above 238.46, and by rule, any test of resistance is a short signal. In this case, if resistance 249.4 is being tested, so a short signal would exist.

Swing Trading Plans for MAR

• Buy MAR slightly over 243.35, target 249.4, Stop Loss @ 242.65 Details

If 243.35 begins to break higher, the technical summary data tells us to buy MAR just slightly over 243.35, with an upside target of 249.4. The data also tells us to set a stop loss @ 242.65 in case the stock turns against the trade. 243.35 is the first level of resistance above 238.46, and by rule, any break above resistance is a buy signal. In this case, 243.35, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MAR slightly near 243.35, target 235.31, Stop Loss @ 244.05. Details

The technical summary data is suggesting a short of MAR if it tests 243.35 with a downside target of 235.31. We should have a stop loss in place at 244.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 243.35, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MAR

• Buy MAR slightly over 242.29, target 243.35, Stop Loss @ 241.72 Details

If 242.29 begins to break higher, the technical summary data tells us to buy MAR just slightly over 242.29, with an upside target of 243.35. The data also tells us to set a stop loss @ 241.72 in case the stock turns against the trade. 242.29 is the first level of resistance above 238.46, and by rule, any break above resistance is a buy signal. In this case, 242.29, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MAR slightly near 242.29, target 236.76, Stop Loss @ 242.86. Details

The technical summary data is suggesting a short of MAR if it tests 242.29 with a downside target of 236.76. We should have a stop loss in place at 242.86 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 242.29, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Marriott International (MAR) available here: MAR.

MAR Ratings for April 18:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	235.31
P2	236.76	243.35	249.4
P3	242.29	253.66	263.05

AI Generated Signals for MAR

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