Norwegian Cruise Line $NCLH
Travel services one the most affected sector from Covid-19 and due to indoor travel of thousand it might have long time to recover.
Falling wedge is showing bearish pattern and there was a resistance at 20SMA yesterday. Needs to break upward, get over 50SMA and start to make higher highs. Holding above would be a good signal for recovery.
Falling wedge is showing bearish pattern and there was a resistance at 20SMA yesterday. Needs to break upward, get over 50SMA and start to make higher highs. Holding above would be a good signal for recovery.
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It is an unconfirmed 123 pattern and got resistance at 50SMA on 30 April. For confirmation it needs to break down $8.08
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I don't analyze the stocks according to the news so please do not trade just rely on my charts