Verified Investing on $MAR (Nov 2, 2026)
Marriott gapped up above a high pivot level after earnings, but the speaker is only now watching it as a potential short: it still has room to rise, and the next major high pivot near 440 would be the level where he would look to sell short.
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Marriott shares rise after earnings announcement. A fairly good move here for Marriott. As you know, I do n't usually watch this stock, but what we're seeing here is that it's opening above this high pivot level , with a possible slight gap above it.
This will be a stock that I will start watching as a potential short selling level, whether for day trading or swing trading. We set our trend line from here. It still has a little way to go up, but if we reach a level of 440, for example, that should be significant.
Notice how I take the high pivot level for this move, and that's the next big high pivot. Therefore, moving from one high pivot to another high pivot gives me the possibility of a major high pivot there.
Therefore, I will look for a potential opportunity to sell short. Admittedly, it still needs to rise a little, but it is interesting to see this upward gap.