Classic Bull PennantWith the reopening of cruises it seems likely RCL will continue to move in a longer bull trendby slothbox220
RCL BreakoutRCL is looking strong as travel and reopening trades are back in play here. We're looking for a break out of this resistance, which we already saw last week. A green candle close above this level would indicate a move back up to the highs - PT 95.5, resistance at 92 a d gap fill from 93-94, ultimately targetting low 100s before May. SL set below 87.8, a key support level. 3.5:1 Reward to Risk Ratio play on a 1-2 month swing! If you're signed up for premium, we called this one out Friday!Longby Samirp010
ROYAL CARRIBEAN CRUISE LINES - RCL "WATCH OUT BELOW"STEALTH SHORTS UNDER COVER. WATCH CHAIKIN AND A/D LINE FOR MORE INFORMATION. WATCH OUT BELOW. $70 AND SOUTH COMING.Shortby CarpeDiemEpiphany1
RCL: Bullish PennantBullish Pennant Pros: Descending volume during formation Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 7 250RSI above 50 200MA ascending Target: PT = 129.13$ 1000 Followers! Thank you all! Thank you to those who donate Coins! Stay Humble, have fun, make money! Longby LeLaf5
2021 Actual Trade: RCL +25% Profitswe bought RCL that was about +10% on 02/16. This is the breakout day. From the featured chart, we can easily identify its bullish falling wedge pattern. Its breakout with higher volume. Most importantly, the entire cruise industry was up altogether (RCL, CCL, NCLH) together with airliners and hotels. The fundamental reason is its bullish 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. by marketfellow1
Royal Caribbean earnings Monday 2/22 at 8amRoyal Caribbean earnings are on Monday 2/22 at 8am. Royal Caribbean Cruises (RCL) reported a 3rd Quarter September 2020 loss of $5.62 per share on revenue of $33.7 million. The consensus estimate was a loss of $4.92 per share on revenue of $112.5 million. Revenue fell 98.9% compared to the same quarter a year ago. MY range is $65 low, $70.5 mid, $76 high. 4th Quarter December 2020 Consensus = EPS: (-$5.04) Revenue: $52.14 M Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification www.tradingview.com Shortby Options360Updated 3
RCL- long Term bullishLooks like RCL could make a little comeback as last week confirmed a breakout and let's see if earings helps a little continuation. I'll be shopping for a 2022 Call tomorrow before opening. Longby Stocks-Snacks2
RCLI think cruiselines do well this next month, but I expect some pullback to support for RCL earnings tomorrow before a multi week run towards $100Longby BullishBear081
ABC BullishRCL has come down and filled a gap it left behind previously.. Support can often be found at the top of at the bottom of a gap. Windows as they are called in Japanese Candlestick Charting, or Gaps, as they are called in the west, are an important concept in technical analysis. Whenever, there is an open gap that means that no price and no volume transacted hands between the gap. Resistance: Once price gaps downward, the gap can act as resistance. Support: When prices gap upwards, the gap can act as support to prices in the future. When a gap has started filling, it will rarely stop due to there often being no immediate support or resistance. Gaps are like a vacuum on the price chart. Most large gaps will be filled within a year. The average time for a gap to be filled in the stock market is 3 months. Not a recommendation Longby lauraleaUpdated 225
First Chart I Have Created!! Would love some feedback!Looking for feedback in order to improve future analysis.by TheMagicman7760
ABC BullishPossible stop below C but good to place it at least 5 to 10 cents below C as C is sometimes retested Long entry when price breaks the BC leg with an uptrend.. Targets calculated from length of AB leg using fib levels. Fib levels are not as easy to use sometimes as they sound. Figuring out where to place them can be a task and I never used them until the last year or so. They are often correct, but sometimes they are not (Like most trading tools I suppose). The first issue is created by the series of Fibonacci lines that can be drawn at each significant turn or pivot point: After a stock has zigged and zagged a few times, the resulting pivot points create a cacophony of levels that can render a chart unreadable. And I like a clean looking chart and I use very few indicators so Fibonacci and I do not always work out. I love them for calculating targets though and they can come in useful for trying to pin point turns in the market as well. I suppose RCL just had to go fill that gap down there! ABC Bullish patterns are a a measured move down within a larger measured move up. It's a stop run of the first pullback after an aggressive move to the upside that signifies more potential in the direction of the larger move. Being sure you are at C can be a challenge and often price will retest C at least once or more. But getting in close to C is usually about as safe as I feel I can get in trading IF it is a valid C. C needs to be above A in this particular ABC pattern. If not, you are looking at another harmonic pattern perhaps. IE..the gartley pattern can make you think you have a double top with the second top lower, but in the end it is a bullish pattern There are bearish versions of all harmonic patterns. There are no rising wedges in the yearly chart. Not a recommendation Understand that most problems are a good sign. Problems can indicate that progress is being made and you are moving toward your goals. Sometimes best to be leery when you have no problems. Then you've really got a problem ... Problems can be like landmarks of progressLongby lauralea224
$RCl small bounce idea 3\5 star set up, might be ok for an option lotto, or small size shares long.Longby Hiddenharmonicstrading2
RCL - Bullish Triangle ConsolidationAfter taking some time into consolidation and to be honest more than I was expecting, now we can see that the price broke out of a bullish triangle. Targets to consider: $78.78 $84.83 $90.16 Thank you and Good Luck!Longby KlejdiCuni121222
RCL, Next week with Stimulus hope!We can see here RCL is consolidating in Fibo retracement between 23 and 38 level and breaking out with good news coming over this week, it is targeting the level between (50-61.8 %) Fibo, that means between 76-78 and could be higher Good luck every one NYSE:RCLLongby Fahadxx881
$RCL bouncing off supportNYSE:RCL looking for a push back to $80. $RCL JAN 15 $80 @ $1.50 SL $72Longby Mullamaker0
MACD moving up long to 90MACD is changing direction, the stimulus is pumping up these recovery stocks and RCL looks like its about to pop, probably should wait for confirmation though.Longby AudiSwingTrader221
RCL for the long termStories aside about a vaccine and return to normal I like the price action of NYSE:RCL . What the price has done is brush up against the 50% retracement level several times this year and finally has broken above it for a week and come back this morning to spike out and confirm it now as support. This presents a great LOW RISK trade because you know where your stop needs to be (below this morning's low).Longby norokUpdated 1123
RCL and DAL BULLISH Recovery StocksSome price action this week got me very interested in stocks that were all the rage through the pandemic trading in 2020. NYSE:RCL is a trade I posted about yesterday that was up 4% on the day today. I like this price action to go more. NYSE:DAL is another stock in recovery that a friend had me look at and it has almost identical price action. He also took a LONG date option and I love it... he's getting PAID FOR PATIENCE!Long04:51by norok11107
RCL - Ascending Triangle BottomWhile an ascending triangle usually forms with a prior uptrend (ie a "continuation" pattern looking to resume the prior (up) trend), the odds are also good as a trend reversal pattern when it forms at the bottom of a chart. Looks like a breakup of this triangle is getting close especially when we see a strong gap up as it approaches the apex of the triangle (although another minor pullback cannot be ruled out). Declining volume is also typical as the triangle is being formed and once it breaks up (for good), an increasing volume will help increase the odds of a sustainable trend. Theoretical target is ~ 128 (a cool 68% profit potential from breakup level of 76). I would put an initial stop loss 65 and trailing the stop up on if and as the trade goes our way. Let's check back in several weeks / months to see how this will play out! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to comment and share your opinion :)Longby Juliac110
$RCL Royal Caribbean Group Bullish Targets Potential Bull-flag breakout targets for RCL- above major resistance at $75.55 -$77.40 Monthly candle resistance -$82.93 Yearly horizontal resistance. -$89-90 Major pivot point and Fibonacci Golden pocket Longby BullishchartsUpdated 4420