RE: We closed at $15.84529 Feb 2024 10:46
Using the word "disappointing" is only a turn of phrase on my part. Realistic evaluation from a swing-trading perspective is something else, as is day trading, as is going long, IMHO. I wonder where the true watermark is following Covid re travel? Some might argue that CCL is a a long-trade share: maybe, but will the interest in cruising persist long enough to allow this share to develop a "real" upward trend? And swing trading, well, where is the bottom of each trend here? IAG is an excellent example, of course: £2 a couple of years ago, some sort of development last year then, well, nothing - bobbing in the water (and let's not mention the dilution!). At any rate (and let's not mention rates, I wonder if we'll hit support in the upward trend from 21st Feb, at around 1070, on "disappoininting" news from the US this week. Or, will the opposite be true and we see it bounce off a resistance at 1175-ish? I'd hate to gamble on it!!