Six Flags Entertainment Corp. (SIX) gapped lower Thursday continuing the decline that has been in effect since the middle of 2018. A number of downside price gaps can be seen since September 2019 as traders and investors have been more aggressive sellers.
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Let's check the GPS and come up with a trading strategy.
I feel good in recommending the long side of LEN at current levels.
Income investors should have seen that the pandemic put the restaurant operator's payout at risk and looked at other options.