Norwegian Cruise Line Technical Analysis - NCLH

Technical Analysis - It seems that prices are moving inside the channel and they are in a retracement stage (go short for a short term investment).
Long term - Just hold. It is still too early to go long.

Fundamental Analysis:

What Norwegian Cruise Line has done to adapt to unforeseen circumstances in only 10 weeks is impressive. Costs have been cut dramatically, an entire fleet of ships idled, customers appeased with refunds or 125% credits toward new trips, and liquidity bolstered to survive 18 months without revenue. Disciplined management has increased the chances for a successful recovery and future success.

Although the pieces are in place for a comeback, I think there are still too many variables and headwinds at this point. COVID-19 and the regulatory response will dictate when the cruise lines can resume operations. Now isn't the time for investors to buy Norwegian stock. If management continues to steer the company skillfully, the right time to invest will come along later.
Chart PatternsnchlnorwegiancruiselineTrend Analysis

Мои профили:

Отказ от ответственности