Norwegian Cruise Line Holdings Ltd.
Short
Updated

Titanic

547
Sadly, the recovery of the cruise industry is nowhere in sight with the 2nd and 3rd Covid 19 cases spiralling up again. Such leisure business like entertainment parks, Cinemas, theme parks will suffer or even go bankrupt if this virus is not terminated anytime soon.

The stock market is still fuelled with good news of a possible vaccine soon and that together with enormous amount of liquidity is keeping the market bulls charging on. We also know the tech giants like Apple, Amazon, Microsoft, Facebook, etc are propping up the stock market as these are the heavy weight in market capitalisation.

I see another good opportunity to shot NCLH to at least 10.82 (2nd gap) within the next 2 months or so. First gap looks likely to be filled soon....

Note
moving nicely to wards closing the first gap
Note
1st gap is filled up
Note
Praise the Lord. More than 6% drop yesterday !

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