RCL re capturing support at bottom of range - good risk/reward play
Really good looking spot of Support here. Whole Number, 200SMA and a Trendline. Will have to see where it will open at. Bottom trendline came into play 2015. Has had a very strong down move with volume the past week hopefully the market can help pull it back up. Sets up a very nice RR for a bounce back to the top trendline to see if the triangle will...
Nice bullish trend channel in Play, caution earnings after the bell today.
RCL just broke out of the bull flag pattern. I'm expecting it to go higher, at least to $27.50, or possibly more. This is my first idea, so any feedback would be appreciated!
The fundamentals are great, every month the company is becoming more and more important. Tecnicals only if we break the trend we can go bullish in the long term long >75.11 SL 73.96 Target 82.69
RCL breaking through all kinds of levels. Terrorism on the rise and consumer is less confident. Shorting to the ground.
Gorgeous head-and-shoulders pattern + EU shit-show exposure
RCL has pushed into its upper bollinger band and a strong resistance zone on relatively low volume. Price support remains much lower and we expect RCL will consolidate within this range until earnings are released. The MACD is also showing a lack of conviction from the bulls as it remains entwined with the signal line. This may be interpreted as a lack of upward...
I last analysed RCL a few weeks ago on the gap up following a cup and handle formation. At the time I recommended a near-term buy (which would've realised a small profit) but to hold off for a longer-term trade. Since then price has made a new high, pulled back slightly and then yesterday's bar broke out confirming a bullish flag (plus breaking the $80 mark on...
Until earlier this year RCL had been in consolidation since 1999. After price finally broke above $58.88 a good trend began to develop but was seriously hindered by the October pullback. This breached the 1999 pivot high and the 200dma but it was not all bad news - a cup and handle chart formation developed on the daily chart suggesting a move to the upside...