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TheBullseye

Norwegian Cruise Line $NCLH

Short
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)  
TheBullseye Updated   
NYSE:NCLH   Norwegian Cruise Line Holdings Ltd.
Trend Analysis travelservices nasdaq usstocks norwegiancruiseline NCLH
3
8
trendanalysis travelservices nasdaq usstocks norwegiancruiseline nclh
Travel services one the most affected sector from Covid-19 and due to indoor travel of thousand it might have long time to recover.

Falling wedge is showing bearish pattern and there was a resistance at 20SMA yesterday. Needs to break upward, get over 50SMA and start to make higher highs. Holding above would be a good signal for recovery.
Comment:
Comment:
It is an unconfirmed 123 pattern and got resistance at 50SMA on 30 April. For confirmation it needs to break down $8.08
Comment:
I don't analyze the stocks according to the news so please do not trade just rely on my charts
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