It seems that CCL is now hitting support based on previous patterns. I project it will start to increase from here until approaching resistance in at least the low 20s for now. News on new coronavirus cases may affect this, however, based on the regression here I imagine it is on a slowly increasing trend. On the chart is the Hull Suite strategy.
Watch support and resistance levels for short term potential gains. Beware of the possibility of a trend reversal if passes support. High-risk trade. Watch technical indicators such as CCI as well to help guide entry and exit points.
Watch for support and resistance levels. The regression level suggests a general market uptrend. Cruise ports reopening in the future will eventually raise stock anyway if it does not go bankrupt. Watch for a trend reversal at support to see if you should sell there to avoid this. CCL has survived many recessions prior.
If continues the uptrend could soon hit resistance. If not will fall to support where can be bought until hits next resistance level, shorted as falls to support and continues again. News to fly or not to fly will affect returns.
If holds, could be breaking support. Can set stop outlined here and target to earn profits in the next swing cycle of about 10 days.