emnida

Is Carnival Cruise Lines headed straight to Davy Jones' locker?

Short
NYSE:CCL   Carnival Corporation
Massive divergence of the 50MA and 200MA displays a beautiful death cross in action and the MACD is converging with signal for a downtrend on the daily chart. With earnings tomorrow morning and all the negative news around COVID-19, this one's a no brainier. If the current support breaks then Carnival may go sub $1.

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