From the featured chart, we can easily identify its pattern. Its breakout with higher . Most importantly, the entire cruise industry was up altogether ( RCL , CCL , NCLH ) together with airliners and hotels.
The fundamental reason is its outlook for decline COVID-19 cases due to vaccines. It may be hard to know whether this is a true or false estimation but traders were in for that reason.
The overall market becomes volatile these days so we decided to take quick one week profits of +25% from RCL .