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Investors Eye Catching Stocks: (NYSE: MGM), (NYSE: EWJ)


New York, NY -- (ReleaseWire) -- 02/20/2013 --MGM Resorts International (NYSE: MGM) stock is at $12.80, up 0.47 percent from its previous close of $12.74. The stock opened the session at $12.91 and touched its highest price point at $13.14. MGM Resorts International stock’s lowest price point for the session stood at $12.79. The stock is currently below its 6-days EMA of $12.97 and its 20 days EMA of $12.94, thus showing mildly bearish trend. However, its MACD chart shows bullish trend and the stock is likely to make up movement in coming trading sessions.

MGM Resorts International reported wider loss for its fourth quarter and its revenue for the quarter stood at $2.29 billion.

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iShares MSCI Japan Index (NYSE: EWJ) shows neutral trend as the ETF made an up movement in its latest trading session. It opened the session at $10.17 and remained in $10.14 and $10.17 price range during the session. The ETF is 0.90 percent higher at $10.15. iShares MSCI Japan Index’s first support level is at $10.05. Upon breaching this level, the stock may go as low as $9.88. On the upside, its first resistance level is at $10.25.

The ETF exchanged 16.18 million units in the current trading session. Its usual trading volume is 30.828 million unit.

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Michael Baine