RCL strong resistance at $79 with target at support of $73RCL 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 momentum and adds to the bear case.
DYOR