Free Point and Figure charts Melco Resorts & Entertainment Limited MLCO share USA Stock Exchange

Stock MLCO - Share Melco Resorts & Entertainment Limited trades in USA under Consumer Services Deals in Hotels Resorts

Daily Support: 7.4
Daily Resistance: 7.81
5 Day Moving Average is 6.87
20 Day Moving Average is 6.11

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 27 Sep 2024	1.72%	7.85	7.70	7.91	7.50	2.42 times
Thu 26 Sep 2024	15.93%	7.20	7.57	7.64	7.19	4.46 times
Wed 25 Sep 2024	-0.15%	6.43	6.53	6.64	6.33	1.24 times
Tue 24 Sep 2024	9%	6.48	6.54	6.62	6.26	2.29 times
Mon 23 Sep 2024	0.5%	6.04	6.00	6.08	5.97	1.03 times
Fri 20 Sep 2024	2.05%	5.85	5.97	6.02	5.79	1.42 times
Thu 19 Sep 2024	3.72%	5.76	5.85	5.96	5.72	1.03 times
Wed 18 Sep 2024	-0.88%	5.69	5.64	5.76	5.60	0.65 times
Tue 17 Sep 2024	1.43%	5.65	5.69	5.76	5.55	1.28 times
Mon 16 Sep 2024	-1.75%	5.71	5.61	5.77	5.60	0.74 times

Point & Figure Charts for Melco Resorts & Entertainment Limited MLCO

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Melco Resorts & Entertainment Limited MLCO and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Melco Resorts & Entertainment Limited MLCO stock.