NCLH Consolidation Pattern

NCLH is in a flag, with net losses of -75%.

If this pattern continues, we will get a nice push up while a good SL near 13.25 is needed to protect the asset. Upside 15, 17, 18 as targets.

Comment:

NCLH pushes further and continues to follow the higher low pattern / flag.

First two targets hit: 15, 17. Next leg 18 is remaining.

Continuation will go beyond 20.

Comment:

NCLH hits 18 as one and continues the momentum within the rising flag.

Trade closed: target reached:

NCLH hits all targets and is trading far above 20, which is now the support.