Shorting CCL from $17,400. I'll close 1/2 at $11 and 1/2 at $8

22 ก.ค. 2020

This is no trading advice, only ideas sharing.

I've entered short at $17,400, 5X leverage.

My first target would be $11 and if it doesn't bounce, the second one is $8.

I see no reason for CCL to go up. The 29 of Sept upcoming earnings will be actually losses, like many other companies. But, they have lost a lot.

Considering the actual situation, I don't think they will be allowed to do cruises this year.

So, it can go dipper than $8.

27 ก.ค. 2020

บันทึก

$14 has been reached already.

CCL is on the way down to the first target, $11.

Long live the shorts. :)