Description: RCL is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $82.6 - $87.6 2. Take profit: $110.02 3. Stop Loss: $79.37 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 91%
NYSE:RCL has been in a BULLISH FLAG since late February. Will we see a retracement or momentum up from this last tall GREEN candle on the Daily timeframe? RSI is above 50 Not financial advice. Please do your own research.
FALLING WEDGE = BEAR FLAG, William R/ RSI/ MACD coming down to oversold territory. GREEN lines are Monthly support level and could bounce off before heading up to 90s
Although in the long term I am bullish on cruise lines, especially with covid restrictions being lifted, as of now this market is not kind to much of the recovery stocks This is textbook put play, we have a descending triangle formed on the daily and its just barely being held by this ~79 support level I will be playing 6/18 75p on a confirmed break of 78.50 ...
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...
Royal Caribbean had crumbled in value, with it going from a previous high of $136 to $20 in a matter of two months. I have good faith that this summer holidays will be back on for the majority of the western world, but for how long? I'm not too sure. We have seen a strong comeback and I see potential for further upside with a attractive 1:3 RRR . As you can see...
Royal Caribbean Group operates as a cruise company throughout the world. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara and Silversea Cruises brands, which comprise a range of itineraries requiring approximately 1,000 destinations. Bullish trend since March 2020, with key levels close to $ 84 and with the price...
playing crusielines long here on the gap and go, RCL favorite for options, CCL best for Underlying
With the reopening of cruises it seems likely RCL will continue to move in a longer bull trend
RCL is looking strong as travel and reopening trades are back in play here. We're looking for a break out of this resistance, which we already saw last week. A green candle close above this level would indicate a move back up to the highs - PT 95.5, resistance at 92 a d gap fill from 93-94, ultimately targetting low 100s before May. SL set below 87.8, a key...
STEALTH SHORTS UNDER COVER. WATCH CHAIKIN AND A/D LINE FOR MORE INFORMATION. WATCH OUT BELOW. $70 AND SOUTH COMING.