A gentle reminder about this chart too.
I have gone on and on about this chart in the group with little reaction from members and I am not sure why.
I said that I was bullish on $MGM once it held the 0.618 Fib at $36 and it has held this level very well and now has jumped 30%....
The price is also above the 50 and 200 Day MA and approaching the blue line at $50.
A break out here and this is into the bull case and we could see a strong move up Wave 3 to $98.
Josh
2023-12-20 01:25:16 +0000 UTCGareth Neary
2023-12-19 20:39:37 +0000 UTCksims2
2023-12-19 20:38:54 +0000 UTC