$MGM
Added 2024-11-12 18:34:50 +0000 UTC$MGM is still holding in the ascending triangle and has been testing the bottom line now 3 times since the 5th of August.
Airlines and other Travel stocks have been performing well lately so I would be curious to see if $MGM will join the party
I have stayed in a number of $MGM hotels and I like their standard, they also continue to expand and buy back a vast amount of shares.
I think the entry point should be after the 200 Day MA is recovered to support first at $41, there is still risk here that the triangle can break down.
Ultimately above $50 and the blue line, $MGM is in its Bull Case and Wave 3 can be confirmed then to $93.
