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MGM On the way to a double top? Possible...
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MGM Resorts International
(
NYSE:MGM
)
Obabuba
NYSE:MGM
MGM Resorts International
Wave Analysis
Chart Patterns
Trend Analysis
9
0
waveanalysis
chartpattern
trendanalysis
It seems that since the stock broke, it has been going down a clear channel.
According to wave 3, wave 5 appears to produce a double peak.
It could be a good situation for Long and then get into a short position.
Please share what you think.
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