Marriott's most recent trend suggests a bearish bias. One trading opportunity on Marriott is a Bear Call Spread using a strike $49.00 short call and a strike $55.00 long call offers a potential 10.09% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $49.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $5.45 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Marriott is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Marriott is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Marriott
Final Glance: Leisure companies
Tue, 04 Feb 2014 23:06:34 GMT
Final Glance: Leisure companies
Tue, 04 Feb 2014 23:06:34 GMT
AP – Shares of some top leisure companies were up at the close of trading: Carnival rose $.30 or .8 percent, to $39.05. Las Vegas Sands Corp. rose $.52 or .7 percent, to $75.03. MGM Resorts International rose …
Hotels data breach ire could lead to tipping point
Tue, 04 Feb 2014 22:29:56 GMT
CNBC – Fourteen hotels in eight states are awaiting the results of an investigation into a nine-month security breach of customer information.
Early Glance: Leisure companies
Tue, 04 Feb 2014 15:32:50 GMT
Early Glance: Leisure companies
Tue, 04 Feb 2014 15:32:50 GMT
AP – Shares of some top leisure companies are up at 10 a.m.: Carnival rose $.14 or .4 percent, to $38.89. Las Vegas Sands Corp. rose $.79 or 1.1 percent, to $75.30. MGM Resorts International rose $.41 or 1.7 …
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