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. :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.