SamSuka
The Long Investor
The Long Investor

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$MGM

Due to report tomorrow after the close.

$MGM is in one of those positions that it could benefit greatly from a positive report tomorrow and move higher.

Wave 2 held in between the 0.5 and 0.618 Fib in June '22 and has bounced for Wave 3, Subwave 2 of Wave 3 pulled back and held at the 0.618 Fib too.......so both pull backs have been textbook.

Positive report and guidance and this moves higher, at least to the blue line again at $50.86.

Any negative report.....also worth noting the impact of the cyber attack in Sept in Vegas....and this can break down and go below $26.57 which I have clearly marked on the chart.

$MGM

Comments

Hahahaha I managed to brainwash a few friends into the cult with that! πŸ˜‚

SLim

https://www.fox5vegas.com/2023/11/07/culinary-workers-prepare-possible-strike-friday-enters-final-round-contract-negotiations/?outputType=amp

SLim

Drive to Survive has a lot to answer for!

Gareth Neary

Yes we will be at the F1 Race! πŸ˜ƒ Been following them for about 5 years now..got brainwashed into it LOL

SLim

https://www.npr.org/2023/11/06/1210801562/las-vegas-hospitality-workers-strike-formula-1

SLim

Pesky unions! have you got a link?....Are you going to the F1?...I'm considering it

Gareth Neary

Just saw a news headline of potential strike in Las Vegas…not best timing. Hope it resolves before actually happens…we’ve been planning and looking forward to the F1 Race for a almost year now πŸ˜‚

SLim


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