positivemind88
Short

Cruise line stocks may be in for trouble next week

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

Comments

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.
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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.
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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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