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.
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.