Hi guys,
I have been following CCL closely. I purchased some at 9.15, and some at 10.15, and sold around $14. They were some nice gains, however I don't like several upcoming events which will more than likely cause markets to plummet again. I believe this bounce is similar to the first big drop in 2008. We popped up, then went back down even harder. At least in the near future. So for now, I am looking for a short position on CCL, waiting for it to break down out of the flag. I would keep very tight stops in these treacherous waters. Happy trading! May your losses be tiny and your winners be large.
- Matt
I have been following CCL closely. I purchased some at 9.15, and some at 10.15, and sold around $14. They were some nice gains, however I don't like several upcoming events which will more than likely cause markets to plummet again. I believe this bounce is similar to the first big drop in 2008. We popped up, then went back down even harder. At least in the near future. So for now, I am looking for a short position on CCL, waiting for it to break down out of the flag. I would keep very tight stops in these treacherous waters. Happy trading! May your losses be tiny and your winners be large.
- Matt
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.