SIX Flags Descending triangle, renewed covid fears, dont see them opening anytime soon. Disney workers petitioning to stay closed. ShortShortby degentrader1111Updated 4
SIX - Uptrend. Swing in 2 weeks. Possible spike June 18It is on clear uptrend. With TX location opening on June 18, and Hurricane Harbor on June 19, It could spike at around $32-$33. Buy now, sell on June 18. Nice TP in 2 weeks. Longby myemail080306
Six flags is a short. Sell it all.ABC retrace to top of ascending wedge to the .618 fib. Six flags which has already gone bankrupt once was already flirting with bankruptcy before the pandemic hit. Trying to open at 25% capacity with a reservation system and force people to wear masks is a joke. Target single digits. If the fall is prolonged then look for further climbing in the wedge to the .786 and bottom of previous channel... but not likely.Shortby Agent_of_Maat334
$SIX 200 Moving Average Next Target Six Flags Entertainment Corp. engages in operating of theme parks. It operates under the brand name Six Flags, which offers state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company was founded by Angus Wynne in 1961 and is headquartered in Grand Prairie, TX. Indicators bullish and high short interest remains in the stock Longby RedHotStocks21
$SIX Sig Flag - Breaking out of squeeze. The manageable way to setup option position for such a breakout IMO is. Get in with a Debit Spread, in this case Call Debit Spread (Buy 16, Sell 20 strikes) (Buy open 16 and Sell open 20) If the breakout runs greater than $20, you can take the profit. If the breakout turns out to be fake, Roll the sold 20 strikes to 13 strike. I.e., Buy to close the 20 strikes and Sell to open 13 strike. By doing this, you may salvage a losing trade, if managed adequately. Longby UDAY_C_SanthakumarUpdated 229
$SIX Potential Upside Targets Bullish breakout pre market, with a short squeeze helping Fibonacci targets as per chartLongby Bullishcharts43
Six Flags (Short)I am waiting on this trade to slowly develop, see if the pattern holds for the next couple of days... hopefully, it can be a perfect short coming earnings date (4/30) Six Flags has been holding $14 strong since April 8th.. I am sure we have not seen the end of COVID-19, I think Six will remain closed for a long time and cause us to fall back to 12 or below! We have hit $17 three times and have been rejected strongly, I would expect the same from this trade. Good Luck!Shortby mzombie2Updated 4
Six FlagsAbsolute dogshit stop loss but one of the very undervalued stocks at the moment if it goes to the buy zone can most likely wait it out few months or few years and I expect it to eventually hit all profit targets and that should net about 300%-350% in about 2-3 years time frame. Longby TL-Trading-Main2
$SIX Six Flags (SHORT) 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 reached a high of around $16, we are yet to see a higher low or perhaps even a break of the ascending bottom line. I see potential to perhaps seeing a triple top sometime soon (SHORT HERE).. if we don't then we will reach a higher low (or a break of the ascending bottom line) and perhaps revisit I don't think we are done seeing bearish trends and going bullish just yet.. by mzombie2Updated 5
Six Flags (SHORT)First time publishing an idea, would appreciate feedback. Looking to short or buy puts on $SIX at around $13, take profit round $10-11. $SIX bounced at 12.25, wouldn't be surprised if it went up on April fools! by mzombie26
$SIX Looks To Have Bottomed And Found Strong Support$SIX looks to have found rock solid support at the $35 level. With many gaps to close overhead, $SIX looks to be a nice play, especially now that an activist investor has gotten involved. Activist investor H Partners Management says it has engaged with the Six Flags Entertainment board after closely monitoring the recent developments with the theme park operator. H Partners says the talks included the potential of a board rep. H Partners holds a stake of 6.5% in Six Flags. Among other highlights: $SIX trades at just 14x next year's earnings. $SIX is down 40% off its 52-week highs. Average target price is $52 a share. Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 25 parks, including 22 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Grand Prairie, Texas. As always, trade with caution and use protective stops. Good luck to all!Longby InsiderFinancial15
SIX - Double Downgrade - Possible BounceMultiple 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 down to $31. Set alert for long entry here. Possible bounce to fill recent gap up to $42. RSI and trend is oversold. Watching for entry. Gap fill to $42 is greater than 10% gains in short time. :) About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, MCD Bullish by MoneyPatterns4
$SIX Negative news came out on it, failed the wedge on this one.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. jmoby JusWes4
$SIX Waiting for gap to fill, consolidation in the works.Starting to get tighter here, will be waiting for that gap to fill.Longby JusWes112
Six Flags 42 to 47...may be 50The 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 .by optionsmadhav3
BUY $SIXLook for confirmation tomorrow! it's sitting on good resistance Instagram @WildGoatfxLongby WildGoatFx6
SIX poised to break its next resistance pointMA 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.Longby dzygadlo1
$SIX Six Flags could be a great trade, not investment. 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. Longby RedHotStocks5
SidewaysNot much going on here. Perhaps spring break will reflect better earnings and get the momentum back. Either way it's still at discount.by Dippy0
Sometimes we time it purrrrrfectlySIX nailed it on open day. Should be a fun ride from here on out. In the green and nothing to lose from here.Longby Dippy2