Multiple downgrades on same day (1/10). Possible bounce. www.marketbeat.com Trade Entry Options are only monthly with SIX. No optimal options strategy. Day trade or swing trade shares. Hold week or less. Will do my best to update if alert hits. Chart Details SIX created large gap on downgrades. Looking to hit previous support around $33.29. May go...
This one fell through after bad news, this is why a person should never have all their eggs in one basket. Anyway this one is a long term hold for me, they pay a good dividend, and i think from them buying out multiple parks last year that their revenue stream will grow. jmo
Starting to get tighter here, will be waiting for that gap to fill.
The Six recovered quickly and started to show sign on Bullish from 41.5 and all the way heading to T1 47.5 and then T2 50 with volume steadily increasing .
Look for confirmation tomorrow! it's sitting on good resistance Instagram @WildGoatfx
MA crossover and the next resistance point is in sight. After a pullback after div-ex date, I'm expecting this to get back on track with the trend.
This is possibly a case of so bad its good, expectations are low so any positive earnings news will lead to a nice pop. Our price targets on the upside are $57 and $63 with downside support at $46.50 on 2015 lows acting as support. It is a small long position as a trade rather than investment unless circumstances change.
SIX nailed it on open day. Should be a fun ride from here on out. In the green and nothing to lose from here.
Hi Traders! NYSE:SIX is just bouncing back from the 200 Moving Average and ascending trend line. Fib levels nearby. It is on a clear uptrend (price > 100MA > 200MA). Stochastic RSI is in oversold area. Entry strategy: price cross above 67 If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or...
Stoch RSI cross over and fast Stoch plunging down. Getting rejected at a resistence level. MA 50 as resistence. SL - at 71 TP - 60 - 60.5
RSI overbought above 75. Double top potential right at 70.50. Nothing bearish at the moment, although I don't feel this is going to break 70.50 soon. Few options here. 1. Go long over break of 70.50 with a stop under 70 to watch for false breakout. 2. Wait for it to base for few sessions around this area and then go long after some minor pullback. 3. Short at...
As a Six flags employee (I'm a ride operator) I thought it would be fun to do some TA on my workplace. I believe there will be an opportunity to buy into SIX, and ride their trend line sometime this summer. Ever since 2011 SIX has been following an upward trend line. A few times in the past, the stock has dipped below the trend line, but I still think that this...
SIX was a successful short trade quite a few times. And again it seems ready for another decline. It is running within a long-term rising wedge formation, and when it hits its top resistance, money flow has gone to zero with huge divergence. It has good insider selling as well as good short flow. We think it has good downside potential. Along with stock we would...
SIX is sitting at the bottom of the channel and TL with stochastic divergence. It just needs to turn up to confirm rotation up. Buy: 53.25 Stop: 52.50 Target: 55.50 - 57.00 (4.23% - 7.04%)
Will likely see a retest to the neckline and go up higher.