Carnival Cruise Line Analysis From a Forex Traders Standpoint

Analysis done on the 1 Day Chart

Due to COVID-19. Price is likely to use my trend line as somewhat of a resistance level on its way down.

BUT

Based on my stochastic it's possible to cross in the way of a BUY trend.

I'll be on look out for my trend line ( Somewhat of a resistance level. Price could break the trend line leading for price to head towards the 50 SMA.

All we can do is wait now.