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JoeHayes

Pin Bar with Volume Spike and Momentum Divergence

Long
MGM Resorts International (NYSE:MGM)  
JoeHayes  
NYSE:MGM   MGM Resorts International
support Volume Indicator MGM Stocks Bullish Patterns LONG enter
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support volume mgm stocks bullish long enter
MGM brought huge volume yesterday to form a pin bar at support. This support level was hit with some momentum divergence and should hold. I am looking for a retest of 24.80s for a 1:1.5 RR ratio. Price has broken the high of yesterday, and this pullback should provide a good entry point of which to take advantage.
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