Long Position on SIX @ $52.21 on 3/8/2016 (Momentum)

Six Flags Entertainment Corporation (SIX) is a regional theme park operator.

The Company operates 18 regional theme and water parks.

Of these, 16 are located in the United States, one is located in Mexico City, Mexico and one is located in Montreal, Canada.

Its parks generally offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The Company's parks offer approximately 800 rides, including over 130 roller coasters.

Its parks include Six Flags America, Six Flags Discovery Kingdom, Six Flags Fiesta Texas, Six Flags Great Adventure & Safari, Six Flags Great America, Six Flags St. Louis, Six Flags Magic Mountain, Six Flags Mexico, Six Flags New England, Six Flags Over Georgia, Six Flags Whitewater Atlanta, Six Flags Over Texas, La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.

Shares have formed a bullish "flag" following the company's latest quarterly report. Higher share prices are expected for this stock.

52-Weeks Trading Range: $41.60 - $55.35

Entry Point: $52.21

Stop Loss: $49.60

Target Price: $57.43

Updates

4/1/2016 3:29:13 PM

SIX closed at $57.91.

Position closed on 4/1/2016 at price of $57.91 with a 10.92% gain in 24 days.

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