MGM Resorts Buy Idea
W1 - Double cycle, price respecting 61%. We might see a range.
If there are no buys from the zone where the price currently is, we will be looking for buys in the next zone.
D1 - We have a range, price is at the bottom, we might expect it to reach the top.
H4 - Intraday cycle, bullish divergence, price reaches the magnet zone.
Aggressive - Wait for breakout above the high marked in the chart and then look for correction and buy.
Conservative - If you want to be more conservative then wait for breakout above the high marked in the chart and then look for correction and buy.
If there are no buys from the zone where the price currently is, we will be looking for buys in the next zone.
D1 - We have a range, price is at the bottom, we might expect it to reach the top.
H4 - Intraday cycle, bullish divergence, price reaches the magnet zone.
Aggressive - Wait for breakout above the high marked in the chart and then look for correction and buy.
Conservative - If you want to be more conservative then wait for breakout above the high marked in the chart and then look for correction and buy.
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