3-5 times chance, with low risk?Welcome to my first IDEE ! We are currently on an upward trend, which is within 2 significant trend lines. Carnival has suffered a heavy loss as a result of the Corona crisis and has to suspend the voyages until further notice. The stock reacted with a slump of about 80% !!! However, Carnival benefits from the Saudis as new investors and the cheap oil price. Therefore, I think that there is some potential here and that the stock will double in the shortest possible time. Carnival itself assured that they would "survive" without income until the end of the year. What it looks like after that remains open. But who believes that the Corona crisis will paralyze the whole year? For this people, this stock is probably nothing!
If the upper trend line is broken, the cash registers ring!
Attention: This is just an idea as the further course of the stock could be ! I accept no liability! :-)