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bigoyal
Feb 5, 2024 10:29 PM

Ascending megaphone shape for RCL 

Royal Caribbean Cruises Ltd.NYSE

Description

Since the trendline slopes upward, do not short, it could be very risky.

If it reaches bottom trendline again and price bounces off the bottom trendline, it could be a good entry point (at around $100) for a short term target of the resistance line (around $132).
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