Ok so previously i posted how this was going to moon, i guess not so soon, BUT HOWEVER... THIS TIME IT IT A LITTLE DIFFERENT...(or not) :)
T E C H N I C A L S :
OK so to start off CCL has broken an 8 month long downtrend. The 21 moving average is about to uppercut the 200Ma. Volume has been higher than before. The RSI has a little bit more to run.
F U N D A M E N T A L S :
THEy have still not: changed this company is burning a crap ton of cash No sail order until after February 2021. (if doing options strongly advised to open another contract after this date.... just to be on the safer side of things.
My opinion: I think we have enough momentum to break $24 and make a new peak at $33. The only way this is invalidated is if it dumps tomorrow, which usually happens after a big pump for CCL .... If that is the case i will be buying more at a lower price.
DO NOT TAKE THIS AS TRUTH, MARKETS ARE ALL FU**** UP, THIS IS SIMPLY WHAT I BELIEVE WILL HAPPEN IF YOU SEE SOMETHING DIFFERENT PLEASE DO FEEL FREE TO SHARE! THANKS AND HAPPY TRADES
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.