(1h timeframe) DETAILS: I drew a trend line, there were 3 touches. we can see how two touches that touched the trend line also touched the middle resistance area and got affected well from it (the first touch got affected well with a couple of big bearish candles and the second one with long wick that facing up(it shows a strong rejection from higher...
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...
IDEA : Sell Six Flags $20 strike puts expiring 5/19/2023 for $35 per contract (Currently $0.35 market bid. Be sure to check prices.) NOTE : Your broker will reserve $2,000 in buying power for every contract sold. STATS : -20% breakeven (We have this much “room” until we would be underwater at option expiry.) 12.7% annualized return 86% chance of max...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 23.6/61.80%
2 Day Bullish Triple EMA Crossover Imminent. Let's make it a meme stock.
Hammer Swing A lot of bullish volume came in on SIX today. Nice looking hammer with upper shadow above the 10,20 EMA and room to the 50 See what happens tomorrow, and if I get an inside candle I will set this up
earnings watch 5/2: ON NXPI MGM SEDG DVN SIX EXPE BRK.B FANG CAR Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
Six Flags could be a COVID opening play ( along with $EXPE, $BKNG, and other travel and leisure plays). I'll be looking for $SIX to breakout over the downtrend line and mindful of the overhead resistance. It may be a better entry to wait for it to break the resistance line overhead. As always, Volume matters. Just thought I'd bring it up for your watch list....
As a theme park operator Six Flags is being beat down with all stocks that could potentially be affected by the Omicron variant, however we believe there's no appetite for more lockdowns and most people will carry on with their lives so $SIX could be a good contrarian play here as the technicals are all lining up. Price is currently below the lower Buy Sell Band...
Good setup on weekly bouncing offer lower uptrend line, above all EMA's, and looking to follow this curve up towards top red resistance line. In the mid-term, a 5 wave count should push this higher towards $65-$68 imo
Our second TradingClue competition has come to a close, with over 38,000 views of the first clue alone. Was it harder than last time? Well, by the end only 472 people were able to successfully find their way through the clues cunningly hidden by our Cluemakers: decrypting, unpicking, and puzzling their way to the final answer. Well done to all who entered. 🏆 🏆...
so over all im bullish the thing is this stock really loves to get sold back to the 200 ma and you can bet you bottom dollar its up from their some times you can take a gamble if you look at my previous charts on this stock it almost worked out but retraced the 200ma so were here again and im bullish back to 45/46 price range
pretty bullish on six flags not much to say you can look at the graph and see
Couple different price targets for the summer for Six Flags.
Think about today being an opportunity to look further past your own two feet and think about the future. The short term future like spring/summer. Six Flags will be recovering and although I am bullish on the stock I do expect a price drop. Now is a good chance to position yourself for the uptick of their traffic coming back through the doors and kids going to...
Six Flags earnings is on 2/24 at 6am. In anticipation of the spring coming and covid vaccine working, my range is: low $35, mid $40, high $45 by earnings. 4th Quarter December 2020 Consensus = EPS: ($1.02) Revenue: $97.36 Million Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with...