RCL is bullish on the weekly. However, the daily formed a bearish DOJI on on 09 April, and the 4H charts indicate bearish candles, bearish MACD, and bearish RSI. Also, the price is at the 68% Fib level, which suggests it may retrace to $29.50. Given the COVID-19 crisis and recent CDC "no sail" order (10 April) that will extend into mid-summer, I suspect this will affect the cash flow of 
RCL, 
CCL, and 
NCLH , which may discourage investors next week.
I will go short if the price opens lower than the close on 10 April.
RCL, CCL, and NCLH , which may discourage investors next week. I will go short if the price opens lower than the close on 10 April.
Note
RCL is consolidating at a support level of $36.68. Volume is divergent (decreasing), which is normal during consolidation. The stock is neutral (not in a an up/down trend) on the 4H charts with a Bullish RSI and MACD. If it breaks up, look for the next level of resistance at $47.68. If it breaks down, look for support at $31.10.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.