Only Bad News

15 במרץ 2020

All bad news right here. All cruise lines have been halted form business, hard to make money when there is no revenue. On March 13 there is also a report that they are being investigated for violations of security law. Hard to say if that will affect the price, but uncertainty is always a negative sign. On the yearly chart the price hasn't gotten below the lower Bollinger Band so a chance for a swing is slim. Overall this thing will be hammered this week, shorts haven't had this sure of a trade in a while.