Marriott $MAR has been on a sharp recovery since late December. The rebound has been picking up speed in February, but I think it is now facing a key resistance and might slow down to sideways action as well as a possible pullback.MAR Daily Chart(click to enlarge)Bullish Recovery:- The bullish swing has put price back above the 200-day simple moving average (SMA).- The RSI has pushed above 70 and even above 80, which shows bullish momentum. It does also suggest overbought condition, but I think the more dominant signal here is the bullish momentum. Resistance:- The only reason I would assess the RSI as signaling overbought is because price is also at a critical resistance around $130. - There is a falling trendline and a previous support pivot. - A break above $130 would be needed to open up the bullish outlook. - Otherwise, the market is likely in a sideways mode. (It is most likely no longer bearish)Support:- If there is a pullback, the $120 level would be a key support for the bullish scenario. A bounce from $120 to $130 would convince me to anticipate a bullish breakout. - A hold above $112. would also suggest that bulls are back in control, although tentatively.- Meanwhile, if the RSI subsequently holds above 40, I would still favor the bullish scenario and anticipate an eventual break above the $130 resistance.