Six Flags (Short)
Updated
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!
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!
Order cancelled
Looks like it broke out and for that reason I am not going forward with this trade.
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