Downside can go up to 20% if we go by trendlines. In terms up upswing, it can go up to Pre-COVID highs. This will require time and patience. As for fundementals, NCLH has weathered many storms and it has cash for 18 months without setting sail. Great potential money maker. The more it goes down the better, although it is subjected to market trends (were in a downswing at the moment.)
Great analysis mate. Looking at shorter time frames though there has been an H & S which hopefully completed.
Do you see also that the H & S in the 1h chart completed at 14.40 or the bigger H & S forming will send this to restest the support at 09.25? Any thoughts or further analysis / update ??
Do you see also that the H & S in the 1h chart completed at 14.40 or the bigger H & S forming will send this to restest the support at 09.25? Any thoughts or further analysis / update ??