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Marriott International

$MAR – Indicator Bears vs Technical Bulls

By jonwayne02
Updated
MAR – Indicator Bears vs Technical Bulls
Look at all these indicators… H/S, the start of an inverse C/H, break down through rising wedge, gap to be filled…and testing this idea of a volume shelf at 120 (90 and 180 day chart) which interestingly seems to be on course to converge at the 200 day EMA.

Now look at the 1 week and 1 month technical oscillators and MA’s – all buy signals.

Crazy - very curious who will win.

“I’m not an expert but I have watched a lot of youtube videos.”
MAR
Note
I thought we would test the 21 day EMA but MAR appears to be bouncing off the 0.618 fib level.
Note
nothing has changed - purgatory.
Trade closed: target reached
Calling it - indicator win.
Chart PatternsTechnical IndicatorsTrend Analysis
jonwayne02

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