$FUN stops here; bearish expanding triangleTake a look. Will try to short this. Can even make a case for head and shoulders forming as well but for patterns sake there is a bearish expanding triangle here.
WSL.
−0.003 BRL
−1.25 B BRL
14.60 B BRL
About Six Flags Entertainment Corporation
Sector
Industry
CEO
Richard A. Zimmerman
Website
Headquarters
Charlotte
ISIN
BRF1UNBDR009
FIGI
BBG01PHMC2C5
Six Flags Entertainment Corp. engages in operating amusement parks in North America. It operates amusement parks, water parks, and resorts. The company is headquartered in Charlotte, NC.
FUN - Dip and Rip with close Stop LossDip and Rip setup. Stop at $49.
Kick-ass volume in recent weeks on the way up. Low volume on the way down. I think it had a T1 bank upgrade just a couple days ago too.
Cedar Point: The best park in the worldIf they keep developing this park the way they have been the past 20 years you can expect another 1000% rise in share price. This is not mentioning their other parks around the country, most of which are not notable but do generate revenue. They also have a reputation for putting competition out of
FUN double bottom breakout watchDouble bottom with a fibonacci retracement target with a 60% upside.
Cedar Fair (FUN) Head & ShouldersH&S formation that began forming in 2013
- 1st major support at roughly $33
- with coronavirus getting everyone and their mom out of public places/travel, this decline may happen rather quickly relative to how long it took for the H&S to form
- i would definitely hedge this trade with an out of the
$FUN Cedar Fair dismisses Six Flags Interests. Recent takeover target FUN has hit resistance but could present some nice opportunities on a break above $59.
Cedar Fair (FUN -2.8%) turned down a $4B cash-and-stock offer from Six Flags Entertainment (SIX +2.2%), sources tell Reuters.
The theme park operator is said to have considered the ~$70 deal
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
SIX5579532
Six Flags Entertainment Corporation 7.25% 15-MAY-2031Yield to maturity
6.50%
Maturity date
May 15, 2031
S
SIX4977265
Six Flags Theme Parks, Inc. 7.0% 01-JUL-2025Yield to maturity
6.16%
Maturity date
Jul 1, 2025
SIX5796264
Six Flags Entertainment Corporation 6.625% 01-MAY-2032Yield to maturity
6.12%
Maturity date
May 1, 2032
SIX4480413
Six Flags Entertainment Corporation 5.5% 15-APR-2027Yield to maturity
5.73%
Maturity date
Apr 15, 2027
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