FUN double bottom breakout watch Long

Cedar Fair, L.P.NYSE

Description

⋅ Aug 28, 2020 8:49 PM

Double bottom with a fibonacci retracement target with a 60% upside.

Comments

kimhanson

⋅ Aug 27, 2021 6:01 AM

I like technical and long time holder of FUN (and worked there in 73) but I think this one depends upon delta covid movement.

Osinkosampo

⋅ Nov 2, 2020 7:11 PM

Looks like big boulder shoulders and a small head.

kimhanson

⋅ Aug 27, 2021 6:04 AM

@traderx3000, yup could be an H&S or even a double H&S forming but that would imply a target of around 8 which seems unlikely