RCL trade ideas
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...
Year end goal for Royal Caribbean CruisesOnce the dark cloud of the virus passes, we should start to see this trending up quite a bit.
All Cruise Lines Way Oversold The biggest factor during the coronavirus selloff is the lack of information. The market hates uncertainty. For obvious reasons the travel sector has been hit the hardest, especially the cruise line industry. IF YOU ARE YOUNG now is the best time to buy. If you are between the age of 18 and 40 this is most likely the best opportunity that we will have at the market before it recovers. The cruise line industry will most likely recover by the end of the year. The industry as a whole has taken a 75% hit on average. These levels will most likely return by years end, giving us a 300% return on investment. It may take one or two months, it may take six, hell, it might take a year or two even. Realistically speaking, this market will recover These cruise lines are starting to reach massive support giving us a great opportunity to buy at a massive discount. IF YOU ARE WILLING TO BE PATIENT, buy up the cruise line stocks and dollar cost average in as these hit lower lows and allow your investments to sit as long as it needs to recover at previous levels. I can't imagine it taking more than three years, three months at the least.
FIRST DIP INTO TOP 3 LINERS Took my first dip into the Cruise companies sticking with the top players and the one that just secured liquidity facilities yesterday , also expect the US government support for these too
Any positive news can double your investment in no time , otherwise good LT holdings if don't go into bankruptcy of Course lolll
Took equal weight each , will add if situation improve, this is a first dip so go nimble if you play that game like me
CCL
RCL
NCHL
$RCL Possible selling climax$RCL at highly negotiated level of volume. Monthly chart. Huge increase in volume yesterday with a hummer candle (take a look at daily chart) that could be indicating a possible selling climax or the buys by institutional investors. If this level does not hold, the next to look is around $26.
$55 or $27?With a PE of 5.78 I'd like to think that the $55 range would become a strong level of support. However, strictly from a chart perspective the next level would be $27. I had to pull back to the 1990's to find that one.
Up until the panic of COVID-19 this was a solid company financially with year over year growth. If COVID-19 is a short term problem then this is a fantastic time to be a buyer to hold in the long term.
Virus News insurance tradeWith the market in a rout and COVID-19 at large, the last place anyone wants to be is stuck on a cruise ship. Company seems fundamentally sound but this fear over a 'pending pandemic' will sent this thing into the ground. Buying a small position in OTM 60$ 3/13 or 3/20 puts tomorrow morning at the 65 or 60 mark. Hopefully the news that cruise ships in the Caribbean are getting turned away from ports doesn't hit headlines before then.
trade at own risk*
