Short at least next few days. Help newbie with your opinion! :)
Hey guys!
Im relatively new to the trading but it looks very obvious to me here. Simple averages along with bearish market in my opinion created perfect opportunity to short CCL. I personally entered at 13.88. I think very important support of 12.60 might become a breaking point. Also keep an eye on whether Oil prices will be able to break resistance of 28.65 along with SP500 that cant conquer 2900 for past few days. It might try it one more time, but so far it looks like it gassed out.
Please! Help me understand if im thinking in the right direction. ALL input is welcome. Again im new here so my opinion is very far from an expert. :)
Good luck everyone and stay safe
Im relatively new to the trading but it looks very obvious to me here. Simple averages along with bearish market in my opinion created perfect opportunity to short CCL. I personally entered at 13.88. I think very important support of 12.60 might become a breaking point. Also keep an eye on whether Oil prices will be able to break resistance of 28.65 along with SP500 that cant conquer 2900 for past few days. It might try it one more time, but so far it looks like it gassed out.
Please! Help me understand if im thinking in the right direction. ALL input is welcome. Again im new here so my opinion is very far from an expert. :)
Good luck everyone and stay safe
Still Short... even though there was a small reason to freak out. Attempt to break through was very weak.. We will see!