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UnknownUnicorn5725068
Apr 6, 2020 2:54 AM

Oversold, bounce incoming Long

Carnival CorporationNYSE

Description

There's very little room for a dump on CCL on the weekly according to RSI, price just cannot go lower. Keep an eye out on this one. I think we have found our bottom.

*Not financial advisor
Comments
BiotechMillions
Jeff, can you take a quick look at MRO and HAL technically for the next 24-48 hours
UnknownUnicorn5725068
@BiotechMillions, sure thing I can do MRO.
BiotechMillions
@jeffreyc96, thanks man
UnknownUnicorn5725068
harpazo
I bought CCL at $10 and I think it's going to be a great stock for the long haul because people LOVE their leisure time. It'll rebound. Even if the bottom is a bit lower than $8.00, I think we are in great shape with these garage sale prices. Best wishes in your trading!
UnknownUnicorn5725068
@harpazo, congratulations, will be buying some CCL tomorrow and playing TVIX for the volatility tomorrow.
harpazo
@jeffreyc96, I'll check out TVIX. I'm not familiar with that one.
UnknownUnicorn5725068
@harpazo, It's a volatility index so the crazier the market is on a particular day the higher it does. You generally want to trade this if you know the market is going to be volatile
Golfistry
good job on calling that out!!!
UnknownUnicorn5725068
@Golfistry, thank you yes we did it
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