Replies to post #1257 on Keeping It Simple

[eastunder]

That would be nice.

[eastunder]

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

according to: http://www.stockta.com/cgi-bin/analysis.pl?symb=MGM&num1=1&cobrand=&mode=stock

[eastunder]

Scov-

A little music video for your trading enjoyment ;)