Monday Breakout Trade Alert (2/26/24)


Get Free Stock Picks via SMS by Signing Up Below!

I would like to receive timely trade ideas and stock watchlists from Trader's Alley at the phone number provided. Message frequency varies. Message and data rates may apply. Reply HELP for help or STOP to cancel.(Trader's Alley SMS Terms of Service & Privacy Policy)




Today, we’re looking at Marriott International (NASDAQ: MAR).

The hotel company price action is forming a bit of a consolidation pattern after a strong run.

However, a recent Form 4 filing revealed that an insider recently sold $4.9 million worth of shares. It might be important, or it might not be.

Regardless, for an entry point we’re looking for the price to break above the resistance line. If it does, then I would consider entering.

Trade Idea:

21 JUN 24 $260 CALL



NEXT: