$RCL a bull play with a swing trade could be in place.Today it gets confirmed a fake bear breakout, therefore it is possible to find a good entry point for a bullish swing trade with 3 possibles PT in the short-mid term.
RC8 trade ideas
RCL showing strength while SPX struggles to penetrate June low.Market overview:
- S&P 500 and Nasdaq composite show signs of struggles to breakout June Lows.
- VIX index is meets a strong resistance at 33-34 level.
RCL:
- Has shown relative strength compared to SPX.
- Failed to go below the cluster level at 43-44.
- RSI has a history of reversing from the current zone.
Timeframe used: 130 minutes
RCL Uptrend EstablishedUptrend in green has been established and is now a support for the second leg of the currently forming double bottom
Other areas in yellow boxes are similar double bottoms
Very bullish
$RCL with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $RCL after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
Royal Caribbean ShortFor training purposes only. Not financial advised. Remember to always trade your plan.
it does not look good at all.... triple top with clear head and shoulder forming a bear flag ..... chart doesnt lie ...
good luck to all
this is not trading advice .. do your own DD ...
RCL in a long term downward trendLooking at the past two years of charts for RCL (one of my favorite stocks, also a cruise line member, nice little perk if you own 100 shares on each trip).
So charting this out taking out the noise of March 2020 we are in a downward channel, but it is not a very steep downward channel which is comforting.
Looking for buying opportunities at the bottom of the channel and then waiting to see price action at the top of the channel. Very careful on the buys right now given the pressure on the entire market at the moment, and also the amount of debt that the leisure travel industry has on it at the moment.
Royal Caribbean Cruises (NYSE: $RCL) Looking Toward New Highs!👀Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.
Travel making a return to the menu $RCLAfter reporting its earnings RCL is seeing a nice move out of the recent balance area. There may be a chance that investors look to move value higher. I would love a pull back to test recent resistance before the next swing.
Not a recommendation.
Royal Caribbean Cruise (RCL) Spike at 50%Today at the open MANY stocks in the S&P 500 did early trading spikes before recovering their trading range. NYSE:RCL happened to do this at a 50% Retracement Level Support.
RCL BUYHi trader, I am looking for this buy for a completion of the Wave 5 of the wave 1 of the major Wave 3 movement, still see cruises lines long term bullish, so I will wait for a retracement after this moment to buy again.
RIP Royal CarribeanA real life friend who I have known since I was 19 messes with the stock market texted me, kind of laughing saying a friend of hers has high hopes for RCL. The guy is clueless. I pulled up the chart and realized right away, tell him to say goodbye to his money and wow, what a great short! So thats what I am doing. See ya Royal.... my only thing is do I just wait till you are back in the 70s or do I take you further down. Well see my mood at the time. Hahaa. Later Royal!
Earnings watch 2/4 pre-market:Earnings watch 2/4 pre-market:
RCL
BMY
REGN
SNY
CBOE
AON
APD
BEP
ROAD
TWST
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
RCL SELL LIMITLooking for the continuation of the berish movement, still waiting for major ABC wave to finish.
$RCL levlelsBull PT:
$77.59
$78.16
$78.62
Breakout Zones:
$77.21
$76.56
Bear PT:
$75.61
$75.06
$72.79
Bear Flag in Royal Caribbean Bear Flag in Royal Caribbean
It's time to reverse here with the gap being filled and prices between 11/24 and 12/22 and topping at $79.95. Carnival missed earnings and revenue estimates. Omicron was not felt yet in their quarterly report. The companies are taking on a big risk bringing ships back to service in the middle of a raging pandemic. Customers may happily scoop up cabins for $33 per night, but may be upset when they are quarantined for 24 hour stretches, or cannot exit the ship at regular ports of call. Expect cash burn to be high and customers to be dissatisfied.
Short $RCL CMP $79.21Short $RCL CMP $79.21. Heavily affected by Covid news. Recent lockdown news in EU dragging the price down. Stock price is below 200 SMA . $75 area may act as support but heavy selling may take further down to $65 area in near future.
RCL - Second chance for those who did not have timeWe are going on a cruise at an interesting price. A double top is drawn on a monthly timeframe. I think it's easy to get to 53.
Purple - limit orders.
Green - take profits.
Test idea for sharing on tozsdeforum.huTest charting idea for sharing on tozsdeforum.hu. Very long description required from system to accept this as an analysis.
Be long, be short, be a basketball player.
