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stephanelibatd
Dec 31, 2020 3:10 PM

SIX FLAGS ENT CORP NEW Analysis Daily Short

Six Flags Entertainment Corporation NewNYSE

Description

Hey traders, SIX FLAGS ENT CORP NEW is in a fake bullish configuration with low past purchase volume and sellers shadow. Looking at the TIMEFRAME M1 we see a marubozu with a low sales volume it goes on its last precedent lower which is in a bearish breaking gap. At the lowest bollinger level for testing and reversing it goes towards the top of the range for testing. It is very plausible to break or break the price and then put it away and settle on the top that comes. SIX FLAGS ENT CORP NEW is going to fill a bearish breakout gap with a one range breakout to get to the top after.
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