SamSuka
The Long Investor
The Long Investor

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$MGM - WATCHLIST -

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.

$MGM - WATCHLIST -

Comments

I got in when MGM was dealing with cyber attacks Cap. It’s playing out really well and once again, great macro in the write ups you provided. I am 20% since October. Don’t take silence to mean ignorance ;). As always we are prepared!

Josh

Nice gains on $JBLU if you got in at the right price

Gareth Neary

I wanted it for exposure to travel/hospitality ,but decided to go with JBLU instead. Another great call out though!

ksims2


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