$RCL with a nice cup to digest the gains made in Feb from the news on high consumer demand for cruises. Now it appears to be forming a rounded bottom pattern in the near term that has the potential to set up a the handle and complete the long term set up. MACD nearing a crossover as well supporting the idea that the short trend change is upon us.
Also, $RCL has big new as the Celebrity Edge sets sail today marking the end of long hiatus. CNBC is on board and no one has dropped dead from covid yet, thus disproving the widely held belief that cruise ships have super human magnetic powers that pull bacteria/disease towards them disproportionately compared with other modes of transportation (in which you actually sit closer to other guests). Furthermore, this sets the stage for a longer term breakout on the robust demand for travel as more become vaccinated as the most budget friendly option for travelers. So budget friendly that cruising is no seen as a less expensive and more life fulfilling retirement option. On my last cruise I met a woman who had retired and down the last 20 world cruises on the same ship; she had lived on the ship full time in the most recent 9 years. She was the celebrity passenger on the ship and had crew escorting her to every event or physician check up (affordable health care at sea is another box I wont even open here). Long $RCL and $CCL (when/if the pattern firms up.
Also, $RCL has big new as the Celebrity Edge sets sail today marking the end of long hiatus. CNBC is on board and no one has dropped dead from covid yet, thus disproving the widely held belief that cruise ships have super human magnetic powers that pull bacteria/disease towards them disproportionately compared with other modes of transportation (in which you actually sit closer to other guests). Furthermore, this sets the stage for a longer term breakout on the robust demand for travel as more become vaccinated as the most budget friendly option for travelers. So budget friendly that cruising is no seen as a less expensive and more life fulfilling retirement option. On my last cruise I met a woman who had retired and down the last 20 world cruises on the same ship; she had lived on the ship full time in the most recent 9 years. She was the celebrity passenger on the ship and had crew escorting her to every event or physician check up (affordable health care at sea is another box I wont even open here). Long $RCL and $CCL (when/if the pattern firms up.