u/AlwaysAroundBB ·
Reddit — r/wallstreetbets
· June 05, 2026 at 12:58
· ⬆ 56 pts
· 💬 19 comments
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AI Summary
Summary
Post identifies three stocks (MLCO, HHH, JBGS) with multi-year support levels that the market has repeatedly respected despite prolonged negative sentiment.
Author’s thesis is purely technical: these stocks offer well-defined downside risk if support holds, creating an asymmetric risk/reward setup, but states no fundamental conviction.
Quality assessment: Speculative chart-gazing with no fundamental analysis; not deep DD, but a valid technical observation for traders.
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I've been digging through charts looking for stocks that the market has been beating up for years but somehow refuses to completely kill.
This is purely a technical exercise. I'm not claiming these are good businesses, undervalued, or even worth owning. In fact, I barely know what some of them actually do. I just find these long-term support levels interesting.
**MLCO** – Probably the cleanest setup of the bunch. It's been finding buyers around the $5 area since 2022. Every time it gets there, somebody apparently decides that's cheap enough.
[Melco Resorts & Entertainment Ltd](https://preview.redd.it/zns7og0sog5h1.png?width=1400&format=png&auto=webp&s=8f3c43bddc2257529d564842f0a7ae1bd6b43e00)
**HHH** – Looks stuck in a roughly $61-$90 range. At current levels it's getting pretty close to the bottom end of that channel.
[Howard Hughes Holdings Inc.](https://preview.redd.it/b2x4avrtog5h1.png?width=1402&format=png&auto=webp&s=ebfaa93ad90ad2080d0d042ef1b5f692900e76fe)
**JBGS** – Not as clean as MLCO, but the $14-$15 zone has been attracting buyers for years. The market keeps testing it and it keeps holding.
[JBG SMITH Properties](https://preview.redd.it/74alzhbvog5h1.png?width=1402&format=png&auto=webp&s=18ef38c78bb8c752794930bb86839d314e3a6448)
My interest isn't that these companies are secretly amazing. It's that the charts appear to offer relatively well-defined downside. If those support levels eventually fail, the thesis is wrong. If they continue to hold, the risk/reward starts getting interesting.
I'm basically looking for stocks in the "everyone hates it, but it won't die" category.
Anybody else have examples of multi-year support levels that the market keeps respecting despite years of bad sentiment?
*Disclaimer: This is chart-gazing, not investing advice. I'm not long any of these. Yet.* 🚬📉
MLCO has found buyers around the $5 area consistently since 2022. Repeated bounces at $5 create a clean long entry with a tight stop below support. Risk/reward favors a long if $5 holds; failure invalidates the play. Macro headwinds for Macau casinos, further earnings deterioration, or break below $5.
HHH is stuck in a $61–$90 range and is currently near the bottom. Range-bound trading allows buying near support with a defined stop below $61. Low risk entry if range continues; breakdown would signal a larger move lower. Real estate downturns, company-specific issues, or break below $61.
JBGS has repeatedly attracted buyers in the $14–$15 zone for years. The level is less clean than MLCO but offers a similar support-based long opportunity. Buy near $14–$15 with a stop just below; failure would indicate a breakdown. Office real estate weakness, rising vacancies, or broad REIT sell-off.
This Reddit post, published June 05, 2026,
features u/AlwaysAroundBB
discussing MLCO, HHH, JBGS.
3 trade ideas extracted by AI with direction and confidence scoring.