Carnival Corporation
Long
Updated

bull or bear same direction

I have laid out two different scenarios that can play out. So just a little update. If you are a bull then that golden support is your last hope for an immediate pump. If you are a bear then it just might take some time to build support and it will follow a slower growth cycle. And if it doesn't hold up well i guess GG $7 here we go. Im trying to look at this realistically, the media seems to be in control when all the volatile moves are made. do not let that control your trades. There was good news that CCL will start having limited occupancy the same news that pumped it to $24 is the same news that is pumping it now. This is done this way so that people are distracted in questioning who actually pumped it and shift the blame on external factors... We should know by now that this is not the case. Do not confuse technical with Fundamentals, and always have a good risk to reward management so that you make good swing decisions.... Other than that thats it.


happy trading
Note
so the red scenario doesnt mean we crash it just means that it could follow the orange trendline which is slower growth. And worse case scenario it breaks and we could free fall to $7

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