This was the post when i signaled the bullish momentum of MGM:
Dec 5: Atif Rafiq Has Stepped Down As Company's President (Reuters)
On 10/12/2020 Barclays Downgraded Equal Weight to Underweight Target Price: $20.00
If you are interested to test some amazing BUY and...
MLCO has been trading very emotionally during COVID 19 and has bounced between support and resistance nicely. As we approach potential for vaccine and retail preforms this company could continue to post higher revenues as it recovers from Covid-19. After the earnings beat the stock jumped and saw prompt selling and price has pushed back down to the Gap/Imbalance...
This is a company with a strong buy sentiment in the market, even though the Market Capitalization is 1.356B and the Net Income is -3.351M. Bank of America put a target price on the shares of 20 usd. Can`t understand why.
The indicators are giving buy signals on 1h, 5 hours and 3 days timeframes.
If you are interested to test some amazing BUY and SELL...
NASDAQ:MLCO is currently at an important historical level. CCI broke -300 for the first time this year earlier this year. YTD breaks below -200 have resulted in quick thrashes to the upside followed by some consolidation (with the exception of COVID-19 drop, will address that). A break in 16.07 support will not be the end of the world for MLCO, with the drop...
Great news!
Aug 11 Reuters:
BRIEF-NASCAR And BetMGM Announce Multi-Year Sports Betting Partnership
BETMGM TO OFFER LIVE, IN-RACE BETTING BEGINNING IN 2021
Aug 10 (Reuters) - Barry Diller's IAC/InterActive Corp IAC said on Monday it has bought a 12% stake in MGM Resorts International MGM for about $1 billion, sending the casino operator's shares soaring 14%.
"MGM...
💬 MGM International Resorts (MGM) is rolling out its new 'Viva Las Office' campaign to get people to work from Vegas. That could help drive business to MGM properties, which could be why the market is showing us some bullish options flow and decent price action. While we are skeptical this single event makes a giant impact, we think all these factors together...
Sell Short: Golden Entertainment Inc - Ticker: GDEN - Sector: Consumer Cyclical Industry: Resorts & Casinos
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Hello Investors,
Last time I made a bold statement that probably was distasteful to read. However the divergence we looked at did work and MGM did drop, I'm happy about that turnout. I didn't make any money on the drop, but it tells me I'm in harmony with the market sentiment at the moment.
Looking at the current 200 MA (close), I think the price will...
I made a mistake and forgot to draw in the convergence. I always use a Macd. I hope this makes the picture clearer. Refer to my other post for a detailed analysis of the price gap. Cheers.
This is another example of a price gap being closed by future price. I believe MGM will go back to under 10$. Does that mean you should sell everything. Absolutely not. Keep some in the trade, possibly take some out and wait for it to go lower. Or if you have more money don’t be afraid if it goes back to under 10$. But personally I’d cash some out of the trade and...
Melco Resorts hit the resistance yesterday and formed spinning top which acts randomly. RSI did a higher high which might be a signal to rise up despite price action.
Peak Resorts, a company responsible for operating ski resorts in the Midwest, Mid-Atlantic, Northeast, United States soars up by 112.75%. This sudden rise has been caused from a company called Vali Resorts NYSE:MTN , in which will acquire Peak Resorts for $11.00 a share.
Peak Resorts is currently trading at 10.85 from the time this has published and is...
