MAR showing signs it's ready to go higher!
* Great earnings
* Strong up trend
* Very high RS in the Consumer Services sector
* Earnings steadily increasing quarter over quarter
* Breaking out of a ~8 month consolidation with higher than average volume
* Recently broke a long term resistance of $152.78 that dates back to 2019 and retested it as support for ~5 weeks
Trade Idea:
* Now is the perfect time to get in as the price is really close to the broken level and it's also picking up on volume.
* If the earnings are good, this has a great chance of a break away gap.
* Strong up trend
* Very high RS in the Consumer Services sector
* Earnings steadily increasing quarter over quarter
* Breaking out of a ~8 month consolidation with higher than average volume
* Recently broke a long term resistance of $152.78 that dates back to 2019 and retested it as support for ~5 weeks
Trade Idea:
* Now is the perfect time to get in as the price is really close to the broken level and it's also picking up on volume.
* If the earnings are good, this has a great chance of a break away gap.