$MGM is firmly on my radar if it can continue pulling back to the 0.618 Fib at $36.12.
I like the short term pain here and like taking advantage of it and the structure is still strictly in an impulse wave and I believe that if $36 is hit, this will test the blue line again at $50, this is a near 40% gain I will take all day.
A break out above $50 and we are into the bull case and Wave 3 ends at $98.
Solid gains and opportunity here then.