Charts are great for trend analysis but it doesn't assist or predict any serious price sensitive events that happen in the market, as when they do occur e.g. COVID-19, the charts mean SFA. In saying this, I'm only critical of charts because I don't understand them
CCL short term hit to the P&L with COVID, no doubt the loss of margins from their "onthego" offering via restaurants, cafes, public events, zoo, sporting events etc etc will be hurting but once back to normal I think we will see a lot of people get back onboard.
CCL Price at posting:
$8.96 Sentiment: Buy Disclosure: Held
