Bull Flags are a Range that is a repeatable trading chart pattern. Bull Flags are a descending range chart patterns that will have a directional bias (Long) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait...
The meme stocks ( NYSE:CCL , NYSE:RCL , NYSE:NCLH ) in Cruise Lines have finally recovered but are they now a SELL? These stocks are coming up to a key Ichimoku Cloud Resistance level that traders and investors should pay attention!
Similar to my post in $CCL... Giant Cup & Handle, Bull Flag, Inverse H&S, overall bullish momentum in economy stocks... cruises are the last to ride, but we can still catch it. Has a chance to fill the gap to $48+ by summer. Entered in $23s.
After crossing the 0/88 Fibo Nachi line, be prepared for a powerful floor break 0 1.2895 SL 1.3350 TP1 1.2790
MACD is changing direction, the stimulus is pumping up these recovery stocks and RCL looks like its about to pop, probably should wait for confirmation though.
Stories aside about a vaccine and return to normal I like the price action of NYSE:RCL . What the price has done is brush up against the 50% retracement level several times this year and finally has broken above it for a week and come back this morning to spike out and confirm it now as support. This presents a great LOW RISK trade because you know where your...
Some price action this week got me very interested in stocks that were all the rage through the pandemic trading in 2020. NYSE:RCL is a trade I posted about yesterday that was up 4% on the day today. I like this price action to go more. NYSE:DAL is another stock in recovery that a friend had me look at and it has almost identical price action. He also took...
before RCL had risen, it has hint by the global stock company that continues to rise before RCL.
rcl put -1 45 27nov 1.23 4500 2.733333333
struggling w/ support at 100MA, very close to the previous close from last ER under quarterly POC, expecting for a bounce off 100MA to POC. bull case to find support near POC before gap fill. ER as catalyst coming up, so short term bullish.
Long to $75.75 Short to $63.50 zone. Disclaimer
The Idea is to hold. The Centers for Disease Control and Prevention has extended a ban on cruises from U.S. ports. The new "no sail" order, issued late Wednesday, expires Oct. 31.
Based on Tehcnical and Fundamental analysis the idea is to go long Fundametal Analysis: Royal Caribbean, Carnival, Norwegian Cruise Line – Shares of cruise operators jumped on Friday after Barclays upgraded the sector to overweight from equal weight. The Wall Street firm said the worst is over for the beaten down group and that next week’s CDC decision on the...
My buy zone and target for $RCL (Not financial advice)
Bear Flags are a Ranges pattern which are a repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close...
CoronaVirus vaccine approval will be the most explosive event ever happened on the planet. Anyone who tells you otherwise is a stupid or a liar, if not both. The best investment strategy now is to create a strategy around the vaccine development. That doesn't mean to buy biotechnology stocks. Simply put - Stocks that plunged because of the Virus will rally...
RCL volume profile divergence as it hits the resistance - bounded to go up soon