Will RCL break the $50 resistance? Going long if it breaks the $50 resistance. Any input/feedback is welcome.
RC8 trade ideas
Is RCL getting ready for a rebound?- Crossing the CCI -100 line on the weekly chart.
- RSI indicating a potential reversal.
Royal Caribbean Cruises (RCL) long.All description on the chart.
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Resistance gapswhen to hold and when to sell targets, should be analysed alongside my latest graph for RCL.
Long RCL - Targeting $36I am long on RCL. I think it is undervalued, even with loss of revenue. I'm targeting $36 in the short term, with a swing trade.
RCL Long position Looking forward to see NYSE:RCL and other cruises NYSE:NCLH , NYSE:CCL to shoot up this week. Holding till 60min chart indicates overbought.
RCL PredictionsRCL short, medium and Long term trends and resistance. Opened position at 23, lines represent best time to close positions depending on the strategy. I recommend no leverage as markets are still very volatile and you can reach SL before the growth spike. if you do leverage it, max 2x.
Royal Caribbean Elliot Count (Week Mar 30 - Apr 3)Will check to see how it looks coming down for more precision final target and confirm with bullish divergence. Might also take a look at Thomas Demark when it gets there. I can struggle with labeling so if you go to the 1 or 3 minute and see if something should be labeled different let me know so I can take a look/learn/improve.
$RLC can continue falling in the next daysContextual immersion trading strategy idea.
The demand for Royal Caribbean Cruises' shares looks lower than the supply.
The company operates as a cruise company.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $26,24;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Royal Carribiean Short TermRoyal has been hit hard do to this Coronavirus. It has affected many investors. Many ships have been known to care people with the virus. It can affect business in a big way including suing and only problems for the company that's why Royal has stop its cruise line until this virus has been resolved. That is why the stock has plummeted and will sky rocket when the Cruise line will start to restart to send ship out and start making profit again. Finally I think when the company comes back to its regular trend between 100 and 135 dollars.
Royal Corribiean Short Term Royal has been hit hard do to this Coronavirus. It has affected many investors. Many ships have been known to care people with the virus. It can affect business in a big way including suing and only problems for the company that's why Royal has stop its cruise line until this virus has been resolved. That is why the stock has plummeted and will sky rocket when the Cruise line will start to restart to send ship out and start making profit again. Finally I think when the company comes back to its regular trend between 100 and 135 dollars.
$RLC can fall in the next daysContextual immersion trading strategy idea.
Royal Caribbean Cruises has a strong downside trend.
The company operates as a cruise company.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $33,73;
stop-loss — $37,53.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Classic Head & Shoulders for RCL?Appreciate any feed back, negative or positive. I think this chart will play out perfect with the news of Cruise liners not getting stimulus support. They don’t care they have their own money and lots of it. Retail will buy this price while institutions will wait for the floor...
