HX_Fund

MGM uptrend ? 14 June 2020

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NYSE:MGM   MGM Resorts International
MGM is making a higher high higher low structure. Healthy volume can be seen with the uptrend. Price was supported at 50 EMA with the Thursday retracement. I expect more potential downside this coming week with the last week bearish engulfing close. 6-17 is a good low risk long entry. Have patience and trade well.
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