closed below primary trendline for the first time.
fell below 212 fib support
Today's close will be conformation
Yellow lines - Bear flag
White lines - downtrend
First target 195 support of downtrend..
NCLH has similar chart.
My opinion, big institutions are dumping this ahead of travel restrictions this fall and winter.. Look at the drop in volume. nobody is buying travel and airline stocks
fell below 212 fib support
Today's close will be conformation
Yellow lines - Bear flag
White lines - downtrend
First target 195 support of downtrend..
NCLH has similar chart.
My opinion, big institutions are dumping this ahead of travel restrictions this fall and winter.. Look at the drop in volume. nobody is buying travel and airline stocks
