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Marriott Drops on Negative EPS Surprise
Marriott International
Short
Marriott Drops on Negative EPS Surprise
By Tuhi_Capital
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May 11, 2020
8
May 11, 2020
- An earnings surprise of -69.05% causes Marriott to drop due to impacts of Coronavirus on its business.
- A short position could be initiated with a reasonably tight stop above Pivot C - target the prior lows or Median Line of the down-sloping pitchfork.
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