This is not financial advice. Cruise lines took a huge hit during COVID. I have a price target of $20.64-$30 on this cruise line. Even with some pull back the ticker appears to have quite a bit of support at the 200 day ema on the 1day time frame. The fact that this is extremely oversold looking at the RSI poises a great opportunity for a run long term to the upside. I am going light on this one, with the anticipation of a decent earnings report on November 1st and increase of travel demand. If we fall below $15.30 on this ticker we can definitely assume bearish activity to a price target of $14.50. ***Disclaimer: This is not financial advice. This is for personal investment and educational purposes only. I am not a financial advisor. I cannot tell you what to buy or sell. All investments have risks, and it is important to conduct your own due diligence while practicing risk management.***
Beyond Technical AnalysiscruiselineMoving AveragesrallyupresistenceSupport and Resistancesuprise

Also on:

Disclaimer