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Oct 7, 2021 7:01 AM

RCL Rising? Long

Royal Caribbean Cruises Ltd.NYSE

Description

We just hopped on a RCL cruise ship and the premise that the tide will rise at least 5% to hit our target.

Comment

Well it seems like RCL broke down and closed below the support level that we had. We are most likely going to get stopped out. If we do and it closes below the next support level we will be looking to continue the ride further down.

Trade closed: stop reached

This trade hit the stop loss hard and fast. At least we knew quickly what the end was. Quick 3.16% loss.
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