Triple_Barrel_Capital

$MLCO Melco Resorts - Weekly Bullish Hammer

Long
NASDAQ:MLCO   MELCO RESORTS AND ENTERTAINMENT LTD
$MLCO Melco Resorts - forming a bullish hammer candlestick on the weekly chart. Another gaming stock possibly finding a bottom at a long term support level ($16.00) with RSI in oversold territory. Earnings expected early November - assuming a positive report, targeting $24 by January-February.




Note: Informational analysis, not investment advice.

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