erickluzonghimself

MGM Hesitates to Break above 38

Short
NYSE:MGM   MGM Resorts International
MGM was down as of yesterday's closing bell as it tried to re-test its support area at 38/share.

We are seeing two occasions when this stock bounced back from higher lows in July and in October. If this continues, we're likely to find the stock bouncing from yet another higher-lows between 32-33 in January.

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