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.
- 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
Cruise line restarted their operations in the USA and even with the Delta variant news, I don't see cruises shutting down or changing course. NCLH is extremely oversold and worth a trade here. There is good support at these levels and as we turn around we will being to battle the resistance zones notes on the chart. I'm looking for 35-40 PT
Upward trend pointing to potential higher price in the short term.
Earnings on the horizon, so tread cautiously, however the positives seem to out weight any potential setbacks
See notes on the chart
Net 1 UEPS Technologies, Inc. provides transaction processing services, financial inclusion products and services, and secure payment technologies in South Africa, the Republic of Korea, and internationally. It operates through three segments: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied...
GRBK - Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates in three segments: Builder operations Central, Builder operations Southeast, and Land development. The company is involved in the land acquisition and development, entitlements, design, construction, title and mortgage services, marketing,...
KN has been an on an up trend since the confirmation of the golden cross back in Nov 2020. The stock has been making higher highs and higher lows. Stock has also filled the Feb 2020 gap. Look for a move to 22.5-26.25.
A lot going on with SU.
Confirmed golden cross
Positive oil prices
Excellent balance sheet
broke through resistance and now setting up to fill the gap up tp 26.23.
The tank is full and we are ready to ride.
To reiterate the notes on the chart, the stock is pushing up against resistance and setting up a major breakout.
Tremendous upside potential, however there is always downside risk. Given a potential for upside into the 7-9 range, I'm willing to roll the dice.
Luna completed a golden cross 11/13/20 and has been trending positively since.
Breaking through resistance at $10.24 sets the stock for yet another high, this has potential to be in the low to mid teens.
Other factors to consider:
Institutional Ownership has increased throughout 2020.
Earnings are on an uptrend.