We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Using Aspen Trading Support & Resistance Levels, a price of 23 represents a strong support level. The prices have bounced three times from this support in the past months.
NCLH typically displays seasonal strength this time of year which anticipates a rally in the next 2 weeks.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my...
Cruise lines
RCL and CCL have similar charts and each have a pros and cons, however I think money can be made on either one as this is last of the reopen play.
Business Case:
- All 3 companies have confirmed via recent earnings call that they will be 100 % operational by Q1 2022
- Return to free cash flow with 6-9 months
- All seeing booking demand
- VACs...
The cruise line with the best balance sheet has an interesting chart. As inflationary pressures affect the market we expect this sector to outperform the overall market for the next few months. If you are looking for some exposure, we strongly recommend $NCLH as it has the strongest fundamental basis. It trades chaotically so buying call options a few months out...
NCLH has consolidated back to its breakout line. 20/50/100/200 EMA all near price. It will either break down or explode higher. I am going to bet on the higher. GLL!
previous triple top resistance now acting as support, this is one of the best and easiest setups to trade in my opinion. on watch for some scalps in the next couple weeks. good luck :)
Reasons ?
1. Overextended on Bollingerbands
2. Shooting star candlestick
3. Selling pressure increasing
I think this is just a pullback to breakout at 26.32.. From there let's see
NCLH breaking out of this wedge. It has taken a beating over the last few months. If the reopening play is back on track, this would be one of them. I am more inclined to buy airlines and other industrials but to each their own. Hope this works for you if you own it! GLL!
$NCLH has a very tight chart. We are long vs. 24 for a swing trade. If Delta has peaked in the US and Western Europe, one might expect better action from the cruise line. Booster shots might be a catalyst as well for next year.
Pattern was there already, all was needed was a catalyst which was provided with europe imposing travel restrictions. Bearish engulfing/ shaving head
Purple lines are gap closures which are our immediate targets
-Friday closed with a high buying pressure candle
-Catalyst are in favor of cruise lines rn
-We had just broke above the 9-day ema and we are looking to break even higher above the 26-day and then the cloud.
-contract supercheap
-analyze price action when we open on monday and that should dictate your entry
