NCLH looking great for a LEAPThis is not financial advice. Cruise lines took a huge hit during COVID. I have a price target of $20.64-$30 on this cruise line. Even with some pull back the ticker appears to have quite a bit of support at the 200 day ema on the 1day time frame. The fact that this is extremely oversold looking at the RSI poises a great opportunity for a run long term to the upside. I am going light on this one, with the anticipation of a decent earnings report on November 1st and increase of travel demand. If we fall below $15.30 on this ticker we can definitely assume bearish activity to a price target of $14.50. ***Disclaimer: This is not financial advice. This is for personal investment and educational purposes only. I am not a financial advisor. I cannot tell you what to buy or sell. All investments have risks, and it is important to conduct your own due diligence while practicing risk management.***
Suprise
Quickie THCSo here it goes, my first publish ever in the history of my brief life, on anything. I'm simply posting because I want to document my trades so I can improve them as time goes on.
I look for stocks whose earnings momentum carries them higher. Looking for sustained buying/selling programs and earnings surprises to the upside. I don't play the downside.
In THC's case, the chart shows looks good at first glance, even better once you look at the signs. You can see the storm brewing here for many days in the form of an elevated RSI reading with confirming MACD and EMA.
People know if a stock is gaining traction on earnings and money flows that direction like a magnet. It can't help it because the big hedge funds play this game to perfection. Big money creates waves.
So, ride a part of the wave...