NCLH Bullish Trend, $38 Fib level expect Long

Norwegian Cruise Line Holdings Ltd.NYSE

Description

⋅ Feb 22, 2021 7:42 PM

Expect to hit .618 fib ($38-39) following this bullish trend. I am convinced we reach upper $50's by EOY

We recently broke recent resistance at $29 (blue line)

Earnings will most likely be negative but will be an increase from previous quarter (data available by your broker or Yahoo Finance!)

Will pick up more if trend is reversed back to $29 or .382 Fib at $26-27.
Breaking below $26 may take us to goblin town (sub $20)

And the obvious...travel has been lagging with the reversal.

What do you think?

Comments

Investroy

⋅ Feb 22, 2021 8:23 PM

Really nice, cheers a lot

buddumz

⋅ Feb 22, 2021 8:15 PM

I agree.

remarkableBook38730

⋅ Feb 24, 2021 3:33 PM

I think, once we vaccinate and travel returns to normal this stock will rebound back pre-COVID.. looking high 50's - 60's --- Good Luck!! I'm holding for the long haul!! buy the dips!!!

The_Cryptarch

⋅ Feb 24, 2021 3:43 PM

@remarkableBook38730, That's the plan!