MGM is getting close to filling a gap: I'm perched and waiting like a hawk.
BUT:
Credit Suisse analyst Joel Simkins says investors should get up from the table, stick their chips in their pockets and walk away from MGM Resorts International (MGM). Shares of the casino and resort operator could fall to $11 as Las Vegas slowly improves and the company continues to trim its large debt load. MGM fell 2.7% in afternoon trading today to $12.98 per share.
Direction Date range up Apr-13-2011 12.68 to 13.00
Finviz support line: 11 would take it to an old base but it has to break thru 4 levels of support before that? supp 12.65 5 supp 12.25 2 supp 12.11 2 supp 11.82 2
AI
