The USD 70.7 support area is currently tested

The famous American hotel group owns strong fundamentals. Earnings estimates for the next year are regularly revised upward by analysts. The company enjoys a good business predictability and rather a good valuation.

In the past few sessions, Marriott International shares have suffered from a sharp fall and are now coming back to significant level support (moreover, the stock has been significantly oversold). This is why the situation gives credit to a technical rebound. Thus the stock could find new energy and active investors should open long positions and aim the USD 73.85 resistance.

A stop loss order should be set at USD 68 to avoid heavy losses.