What a rollercoaster of a stock since before the crash of of 2020 ... my charting of Six Flags is inspired by just now listening to a video about the company (not produced by me), and by my recollections of Magic Mountain from as early as the 1970s. Hopefully you will challenge my forecast and/or my measurements with your tough questions, since this venue is meant...
I am no professional but this is my opinion and the trade I am taking based on the chart. Trade at your own risk.
On March 16 we reached a high of around $17 which was quickly sold off, making us reach new lows on March 18th.
On March 26 we reached $17 which was rejected once again, this time we reached a higher low of $9.95 or so on April 3.
On April 7 we...
