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bigoyal

Ascending megaphone shape for RCL

Royal Caribbean Cruises Ltd. (BATS:RCL)  
bigoyal  
BATS:RCL   Royal Caribbean Cruises Ltd.
Wedge Support and Resistance Trend Lines
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wedgepattern supportandresistance trendline
Since the trendline slopes upward, do not short, it could be very risky.

If it reaches bottom trendline again and price bounces off the bottom trendline, it could be a good entry point (at around $100) for a short term target of the resistance line (around $132).
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