myfye13

Cedar Fair (FUN) Head & Shoulders

Short
NYSE:FUN   Cedar Fair, L.P
H&S formation that began forming in 2013
- 1st major support at roughly $33
- with coronavirus getting everyone and their mom out of public places/travel, this decline may happen rather quickly relative to how long it took for the H&S to form
- i would definitely hedge this trade with an out of the money call option that are pretty cheap right now after the recent decline