$MGM has been holding the 0.618 Fib level very well so far and it has been tested twice.
It slightly recovered from the Cyber attack and then hit with a potential workers strike by strip workers during the week, halting the recovery but still managing to hold the 0.618 Fib at $64.
The chart does look very good here and attractive. $MGM is likely going to benefit from a large windfall of profits from the F1 weekend in Vegas in November, they have also signed a partnership with a Joint Venture to expand resorts in Osaka, Japan, expanding their reach outside of the US.