Cruise line stocks may be in for trouble next week

CDC just extended no sail order for another 100 days or possibly more. Stay out of cruise line stocks for now.


The question now is :
how low can this realistically go?
we seem to have a double bottom and if we go lower it doesnt make sense that insiders within the company wont pump this somehow, otherwise i would think that they be doomed with such a dumped stock.
I think its a long i am playing both sides right now but with more money being long ( only seems logical)
In times like these you have to think rationally, and always measure out the risk to reward.
I think all that news is in the stock. It’s only advice and I think it’s from March date. I don’t think any expected them to be cruising in the few months anyway. And I also see bullishness in the charts. Insider buying and Saudi investment. But then this market is only going where the FED wants it too.
in a ranging market don't use MACD. from techinical indicators I see nothing , rather positive, volume is high. but didn't check the market news
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