$RLC can continue falling in the next days

מעודכן
Contextual immersion trading strategy idea.

The demand for Royal Caribbean Cruises' shares looks lower than the supply.

The company operates as a cruise company.

Due to the spread of COVID-19, the demand for the company's services fell.

This and other conditions can continue to cause a fall in the share price in the next days.

So I opened a short position again from $26,24;

Information about stop-loss and take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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עסקה פעילה
stop set at $27,62
עסקה סגורה: הגיע לסטופ
Beyond Technical AnalysisCoronavirus (COVID-19)cruisesFundamental AnalysisshortswingTOURISMTrend Analysis

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