As the CDC eases its restrictions on the Cruise Industry will we see in increase in price? Very Possible.
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The 75day MA seems to provide nice support for upward movement, The Colonial Pipeline ransomware attack has put a delay in my first chart posted about CCL, but I look at it as a buy in opportunity, I have entered into $30 Call options that expire in Jan, 2022. I plan to sell these call options months before the expiration date when carnival reaches the target of 35$. If all goes as planned I'm looking at 150% return by July.
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CDC eases its restrictions even more after just one week of original Conditional Sail Order. Just like with the airlines, Strict at first only to negotiate something a little more common sense.
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CDC lifts masks mandates, Colonial pipeline hack resolved, Courts have ordered the CDC and TEXAS/FLORIDA to enter mediation over disagreement over cruise line restart. All good news