MGM RESORTS INTERNATIONAL

MGM NYSE

PlanTradePlanMM

In Uptrend, At bottom of consolidation, trendline break, Entry 21.5 Stop: 20 Target: 31; reward:risk=6:1 Earning 10/29/2020 4 PM I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.

sfhenderson17

Looking really good soon, been waiting for the right moment, maybe the next few days is the time to get in

Bullishcharts

MGM has tracked the airlines almost perfectly since the march lows and with more hope today on stimulus the roller-coaster ride looks set to continue. Alert is set for break above the 20MA @ $22.30 with the possibility of a long to $24.00 in the short term. A golden cross has just been complete which adds to the Bull case.

lauralea

No rising wedges noted. Intra year C&H pattern. Price would need to break 34.64 for a yearly cup and handle pattern Also a 3 year high at 38.41 and 20 year high 100.5 Old resistance levels usually come back to bite you no matter how old they are. So always look at the whole table before you take a shot S noted at 20.5ish/Gaps provide support when price is over...

sfhenderson17

Going to find something MGM today, not sure what strike yet

Crazy_Ghost

MGM could reach 40% gains one we breakout of the triangle

PhanTichStock_com

Disclaimer

Printing_Profit

$MGM is running in a textbook cup and handle breakout. Should we hold above 24.00, we could see a first PT of 26/26.50 and above that would be 29/29.50

cryptononomous

#MGM has been forming a nice bullish wedge, and today broke out of that formation to the upside. We entered a position after a healthy bump up off the 50% line on the 4hr RSI chart, MGM has plenty of room to make its way towards the $24 target and beyond. Positive earnings from partner casinos is contributing to the positive direction of MGM’s stock.

Crazy_Ghost

mgm will fall 8 percent then test the top of the ascending triangle again. Looking at rsi and macd, there is falling possibility.

Samuel12_1980

Not for any advise Just an Idea,

sfhenderson17

Still waiting and watching, need to book my trip soon...

sfhenderson17

By end of week I'll get into some $30 long dated options

TaPlot

Impressive relative strength on a casino stock! Keep an eye out for breakout trade.

durrrjr

MGM just made a fake out and ended in the negative territory in the last trading session, the 20SMA has cross 50SMA, Trend-lines are broken and is now making a downward leap, here on keep a TAKE PROFIT at 19.4/19/18.5 and keep a STOP LOSS at 22.5| Market Mood: Bearish | Hospitality, Entertainment, Hotels Sector: Very Bearish |

TheStockGambler

MGM has been consolidating since their latest earnings run with declining volume. Looking for this to breakout above $24.

curquhart90

$25.50

prestonbuher

MGM's growth has been fenominal through the past month as it climbed to new record highs. We seem to be hitting a respectful resistance, but now we have a even more respectul consolidation. I cant see MGM retesting another other supply levels in the future, as these next few days will look good for vegas, and especially the ballagio! People from all across the...