The rollercoaster continues for cruise line shares- They are now down vs. S&P 500 following big out performance 2 week ago
Changing sentiment on a huge material change PR that wont see operations all summer. NCLH endured an operation net loss of $1.8B in q1 (after having ticket sales of $1.2B) Imagine the q2 book after no months of ticket sales. They have $16B in assets, $1.3B of that is cash but with $12B in debt. Bringing us to bottom line book equity of $4.3B Customers from...
2020 AUG-1: Carnival Corp will resume cruise ship travel with 8 trips planned starting Aug 1st. Just as most COVID cases have peaked in New York and around the world, CCL is announcing a return to business-as-usual. This announcement was made despite CDC warnings. A second wave is highly anticipated. The stay-at-home protesters (although a small minority)...
A breakout occured on 1 May with strong volume, stopping the rally that started on 27 April. Our short term position is BEARISH unless the price breaks above $14.5 strongly Monday morning. Short term-support at $12.5 and short-term resistance at $16.
Analysis: 1/ Price retraced above 50% - It's unlikely to create new low 2/ Consolidating to build strength to take our $13 resistance 3/ Overbought in the last 20+days - likely for price to go down to do a fakeout 4/ Boom!!! The party happens after fakeout - expect at $10 range Confirmations for a big run: 1/ Already oversold for the price to go down for a...
Full disclosure. My first post. I hope I do a good service with this analysis. My Analysis: In short, CCL retraced a hair above 50% of its previous high. History says it's not going to create a new low. So I'm bullish with the consolidation I highlighted, its building strength for a big bull run up to $18. I set FIB to whole numbers -- $19 (high) /$8 (low)...
High risk? Yes. Massive growth potential? Worth it, in my opinion. This will get a chunk of change for a long term investment.
Looking forward to see NYSE:RCL and other cruises NYSE:NCLH , NYSE:CCL to shoot up this week. Holding till 60min chart indicates overbought.
This is just a guess, I have recently been asked by a lot of friends if they think this is a good long term buy because its so cheap.. COME ON PEOPLE!! REALLY???? Hospitality is screwed!! I wouldn't be surprised to see most large cruise companies at the verge of Bankruptcy and one left standing to consolidate the industry to one massive cruise company. Im...
Dates in the future with the highest probability for price direction reversals
Dates in the future with the highest probability for price direction reversals