Tuesday, February 13, 2018 11:08:46 AM
Many of the leading casino stocks have come under selling pressure recently. One leading stock in the industry group that has caught my eye is MGM Resorts International (NYSE:MGM). This leading casino stock made a short term top on January 29, 2018 at $38.41 a share. Since that time, MGM stock has pulled back by more than $5.00 a share. Today, MGM stock is trading at $32.92 a share. Traders should watch the $30.40 level as the next major support area for the stock. This would a very solid level for a long side trade should MGM decline into this area. The company is scheduled to report earnings on February 20, 2018 before the opening bell.
Nicholas Santiago
InTheMoneyStocks
Recent MGM News
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
