* No real thesis except that we're testing a bullish trendline that has functioned as support since June 2022.
I've put in a buy order for Apr21'23 12c at 1.10 each
IF I get a fill, I'll be very happy (they are currently trading at 1.19 each)
With NCLH resuming cruise services soon, we should expect prices to head up higher.
Technical correction on March 4 & 5 right on the 0.375 level and bounced up closed at the same price as the top on Dec 9.
NCLH has been turning on the 5th of the past few months. Also note the turns on the 9th as well.
With High Volume on March 5 we may expect a change of...
After covid crushed NCLH it's found a nice support level. Price is now being forced up to resistance. I'm watching for a potential break with a retest for a nice entry point for the less risk averse. Little resistance until that target area.
The first thing is that we are in uptrend and thats good. The second thing is that we have support levels 50D moving average at 15.82 and 100D moving average at 15.97
I hope we clear the 0.702 retracement level soon.
We will soon get a good news about COVID-19 vaccine and after that we will get another news about reopening of cruise ships, then the stock price...
The analysis is based on FA , any second wave of Covid19 , u should consider the Stock as a sell . for now we buying from the zones i have posted in the chart .
Good Luck
This is a long term investment of mine that has already yielded some nice profits thus far. You often here the recommendation to "buy the dip" or add to your investment at opportune moments. This is one of those areas where I may add to it as well. I'd like to see previous resistance around $18 become new support. 2-5 year plan! Happy trading.
Analysis:
1/ Price retraced above 50% - It's unlikely to create new low
2/ Consolidating to build strength to take our $13 resistance
3/ Overbought in the last 20+days - likely for price to go down to do a fakeout
4/ Boom!!! The party happens after fakeout - expect at $10 range
Confirmations for a big run:
1/ Already oversold for the price to go down for a...
$NCLH has gotten killed in this market along with the other major cruise line operators $RCL and $CCL. At just under $10 a share, $NCLH looks very attractive after trading as high as $59.78 in January.
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and...
NCLH is approaching our first resistance at 56.59 (horizontal swing high resistance, 61.8% fibonacci extension , 76.4% fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 47.87 (50% fibonacci retracement ).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
NCLH is approaching our first resistance at 56.59 (horizontal swing high resistance, 61.8% fibonacci extension, 76.4% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 47.87 (50% fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
NCLH is approaching our first resistance at 56.59 (horizotnal swing high resistance, 61.8% fibonacci extension, 76.4% fiboancci retracmeent) where a strong drop might occur below this level pushing price down to our major support at 47.87 (50% fibonacci retracement).
Stochastic (55,5,3) is also appraoching resistance where we might see a corresponding drop in price.
NCLH is approaching our first resistance at 50.50 (horizontal overlap resistance, 61.8%, 78.6%, 50% Fibonacci retracement, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 45.11 (50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our first resistance where we might be seeing a...
