James Murren: CEO of Mandalay Bay/MGM Resorts International is a sitting member of the Homeland Security National Infrastructure Advisory Council-he’s responsible for getting legislation and regulations passed for security & technology infrastructure in public places. Things such as x-ray backscatter machines. So the CEO of Mandalay Bay is a sitting member of the...
Chart is picking up momentum on support on $30, selling on $35 range
How deep does the rabbit hole go? Do we bounce off this .618 area to retest the top and breakout above 34.60 or return lower? I'm currently bearish
macd divergence double top 30 area is tested support bearish on break of 30 bullish otherwise triple top before heading lower?
MGM has created a pretty nice cup shaped formation, however, with an oversold RSI, I believe this could go on and form a handle before a proper entry is given. Happy Trading! NYSE:MGM
This could be the only retest, but if it hangs around here for a day or 2 this is a nice bullish play.
Looking for another leg up here. Like $PENN I am feeling that we are going up but as always will wait and see.
MGM buy in with close above lowest pull back red candle while sto was oversold, oversold sto coming down to 50 ma shows support, providing buy in chance for the move up. sell- if MGM closes sto oversold under 50MA. looking for 5-10% return