Shorting CCL from $17,400. I'll close 1/2 at $11 and 1/2 at $8

This is no trading advice, only ideas sharing.
I've entered short at $17,400, 5X leverage.
My first target would be $11 and if it doesn't bounce, the second one is $8.
I see no reason for CCL to go up. The 29 of Sept upcoming earnings will be actually losses, like many other companies. But, they have lost a lot.
Considering the actual situation, I don't think they will be allowed to do cruises this year.
So, it can go dipper than $8.
I've entered short at $17,400, 5X leverage.
My first target would be $11 and if it doesn't bounce, the second one is $8.
I see no reason for CCL to go up. The 29 of Sept upcoming earnings will be actually losses, like many other companies. But, they have lost a lot.
Considering the actual situation, I don't think they will be allowed to do cruises this year.
So, it can go dipper than $8.
Nota
$14 has been reached already. CCL is on the way down to the first target, $11.
Long live the shorts. :)
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.