RCL had a triple top this past winder then downtrend to the Fib 0.5 level. On the chart, the tripe top is also resistance with sell orders blocks by the indicator. The fib 0.5 level $ 61.27 is the support. A stop loss could be placed immediately below that. The zero-lag MACD shows nearish divergence while the price rose into the triple. That divergence has...
RCL is on of the companies I have on my Strong list. With the COVID19 easing for travel and as people shift from spending on products to services. The recent earnings call have also seen management talking of them experiencing a record wave session. Fuel prices has also gone down. I'm not so sure how they would hold up to inflation fears, so I think this is a...
The PEAD projected a bullish outlook for $RCL after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 70%.
RCL is in a strong weekly trend resistance here. Wait for it to hit $76-$77, and I believe it will head down afterwards. Not financial advice, good luck to all
Touristic sector still is oversold after pandemic, but perspective to recover looks pretty possible. If the triangle turns to be true - buy on the end of E wave will be a great opportunity for traders. Will look out around 51-53 to decide whether it is a triangle or just a pull back before getting much higher
While RCL is a strong stock and could rally up 10% from here (I prefer longs), it hit upper resistance and is in the middle of a well defined bear flag that could easily breakdown to $35.
Royal Caribbean Cruises Long Entry at 64.75 Take Profit 1 at 71.64 (10.64% profit from entry) Take Profit 2 at 77.29 (19.37% profit from entry) Stop loss at 60.50
RCL/USD 1 day Shopping ✅ Entry Point : USD 48.0 Target : USD 71.0 Stall Brake : USD 46.0 Speculation is extremely risky and must be executed with money that we are willing to lose or touch the stop loss. Leave a comment that is helpful or encouraging. Together we can dominate the markets. Trading is the only trade in which the only one responsible...
Based on trend analysis and daily candle close a see a some short term buyer taking control of current trend. Be weary.
Royal Caribbean Cruises drifted higher since the summer, but now it may be rolling over. The first pattern on today’s chart is the level around $61.45, where the leisure stock bottomed in March before proceeding to new lows. RCL peaked around that price on November 15 and December 1. (Both were also monthly highs.) That may suggest old support has become new...
RCL seems exhausted now. Huge volume gap below. Target at 54.50, SL at 59.
Today it gets confirmed a fake bear breakout, therefore it is possible to find a good entry point for a bullish swing trade with 3 possibles PT in the short-mid term.
trend line broken target 34.30 -31.30..more downside pending
Market overview: - S&P 500 and Nasdaq composite show signs of struggles to breakout June Lows. - VIX index is meets a strong resistance at 33-34 level. RCL: - Has shown relative strength compared to SPX. - Failed to go below the cluster level at 43-44. - RSI has a history of reversing from the current zone. Timeframe used: 130 minutes
Uptrend in green has been established and is now a support for the second leg of the currently forming double bottom Other areas in yellow boxes are similar double bottoms Very bullish
The PEAD projected a Bullish outlook for $RCL after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
We fell below the May low today. There is room for more now.
For training purposes only. Not financial advised. Remember to always trade your plan.