Downside for $MGM$MGM was in a triangle pattern (2 blue lines, you can zoom out) from late 2008 until just breaking out in August of this year . With the Bollinger Bands expanding, I'm looking for at least a retest of that triangle ~17.71. A further target would be the green lineShortby itssean3100
Short MGMFailed breakout. Trading at the top of its trend MACD crossing below the signal line short at 17.68.Shortby stampede110
MGM BETTER THAN GOLDIt just broke out of a very long-term resistance on the weekly charts and the daily trend has been up for a while. BUY BUY BUY!!!!!! HAPPY TRADING!Longby octradr660
It ain't a win unless you cash in the chipsBest get to walkin' from this craps table before the 7's start coming. by MaxxPayme0
8/7MGM has been in 4 years of consolidation. It is alway between $9-16.8 for 4 years. I say it won't break the resistance. So I will short.Shortby RobertzLiao0
MGM is it worth the gamble?MGM has been trading in this range since May of 2010. It is nearing the upper end with lower than average volume. Earnings are on Aug 6th so something big is gonna happen. Short-term trend is bullish but slowing. I will update as it becomes more clear which direction it will go. Also note that a close over 17 is definitely bullish. Happy trading.by octradr660
$MGM - Descending TL breakout watch w/bull flag.Like swing in $MGM over this down TL near 13.50. 25.4 increase in gambling revenue in March may give it the kick it needs. Should be an interesting day. Cheap here IMHO right above 50MA with obvious exit on losing 50. Also showing a bull flag on daily. Longby paulwollc50