RC8 trade ideas
Classic Head & Shoulders for RCL?Appreciate any feed back, negative or positive. I think this chart will play out perfect with the news of Cruise liners not getting stimulus support. They don’t care they have their own money and lots of it. Retail will buy this price while institutions will wait for the floor...
Year end goal for Royal Caribbean CruisesOnce the dark cloud of the virus passes, we should start to see this trending up quite a bit.
All Cruise Lines Way Oversold The biggest factor during the coronavirus selloff is the lack of information. The market hates uncertainty. For obvious reasons the travel sector has been hit the hardest, especially the cruise line industry. IF YOU ARE YOUNG now is the best time to buy. If you are between the age of 18 and 40 this is most likely the best opportunity that we will have at the market before it recovers. The cruise line industry will most likely recover by the end of the year. The industry as a whole has taken a 75% hit on average. These levels will most likely return by years end, giving us a 300% return on investment. It may take one or two months, it may take six, hell, it might take a year or two even. Realistically speaking, this market will recover These cruise lines are starting to reach massive support giving us a great opportunity to buy at a massive discount. IF YOU ARE WILLING TO BE PATIENT, buy up the cruise line stocks and dollar cost average in as these hit lower lows and allow your investments to sit as long as it needs to recover at previous levels. I can't imagine it taking more than three years, three months at the least.
FIRST DIP INTO TOP 3 LINERS Took my first dip into the Cruise companies sticking with the top players and the one that just secured liquidity facilities yesterday , also expect the US government support for these too
Any positive news can double your investment in no time , otherwise good LT holdings if don't go into bankruptcy of Course lolll
Took equal weight each , will add if situation improve, this is a first dip so go nimble if you play that game like me
CCL
RCL
NCHL
$RCL Possible selling climax$RCL at highly negotiated level of volume. Monthly chart. Huge increase in volume yesterday with a hummer candle (take a look at daily chart) that could be indicating a possible selling climax or the buys by institutional investors. If this level does not hold, the next to look is around $26.
$55 or $27?With a PE of 5.78 I'd like to think that the $55 range would become a strong level of support. However, strictly from a chart perspective the next level would be $27. I had to pull back to the 1990's to find that one.
Up until the panic of COVID-19 this was a solid company financially with year over year growth. If COVID-19 is a short term problem then this is a fantastic time to be a buyer to hold in the long term.
Virus News insurance tradeWith the market in a rout and COVID-19 at large, the last place anyone wants to be is stuck on a cruise ship. Company seems fundamentally sound but this fear over a 'pending pandemic' will sent this thing into the ground. Buying a small position in OTM 60$ 3/13 or 3/20 puts tomorrow morning at the 65 or 60 mark. Hopefully the news that cruise ships in the Caribbean are getting turned away from ports doesn't hit headlines before then.
trade at own risk*
Support holding, but temporaryHi guys,
I noticed some support and resistance areas, along with a nice bounce off of the old trend line. If we move sideways and end up breaking through this support on the trend line, I would probably exit the trade and cut losses. I expect some rebound for a short period of time since the RSI is so incredibly oversold. Happy trading!
Royal Caribbean Cruises could be great Long Term $rcl
It may be dumpster diving, but one mans rubbish can be another mans treasure.
Currently trading at a 50% discount from 2020 highs.
Possible that these companies get government assistance short term, as they are a major employer.
Company profile
Royal Caribbean Cruises Ltd. operates as a global cruise vacation company. It operates global cruise brands: Royal Caribbean International, Celebrity Cruises, Azamara and Silversea Cruises. The firm also holds interest in TUI Cruises, Pullmantur and SkySea Cruises brands. The company was founded in 1968 and is headquartered in Miami, FL
Royal Caribbean will Fall as well...Corona!!Royal has a little more to drop...Then lets have a party
Cruise Liner Contrarian - RCLFeels like a massive overreaction, RSI more extreme than the previous 2 occurances and so is the downwards price action.
Looking for a sharp rebound.
$RCL at R/S flip$RCL (Royal Caribbean Cruises Ltd) testing this R/S flip with a remarkable increase in volume. 4h chart
Royal Caribbean BreakoutMonthly chart/ Royal Caribbean Breakout
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
