Why Traders Should Be Watching MGM Resorts' (MGM) Technicals

We are seeing signs of exhaustion on daily and weekly charts of MGM Resorts (MGM), says Tony Zhang. He discusses a bearish MGM Resorts (MGM) trade. He looks at the technical trends of these stocks. He notes why traders should be watching the technicals of MGM. he then demonstrates an example trade using MGM. The trade type is a put spread, and the direction is bearish. Tune in to find out more about the stock market today.

Market On Close

08 Mar 2023

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