NCLH - HOLD if you've got it, WAIT to enter if you're watchingThe trend is clear, and the channel is also very clear. Wait to buy in the 42s and sell in the 50s (1/2) and again at or above 57s.
NCLH trade ideas
NCLH approaching our first resistance, ,potential drop!NCLH is approaching our first resistance at 56.59 (horizontal swing high resistance, 61.8% fibonacci extension , 76.4% fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 47.87 (50% fibonacci retracement ).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
NCLH approaching resistance, potential drop! NCLH is approaching our first resistance at 56.59 (horizontal swing high resistance, 61.8% fibonacci extension, 76.4% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 47.87 (50% fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
NCLH is appraoching resistance, potential drop!NCLH is approaching our first resistance at 56.59 (horizotnal swing high resistance, 61.8% fibonacci extension, 76.4% fiboancci retracmeent) where a strong drop might occur below this level pushing price down to our major support at 47.87 (50% fibonacci retracement).
Stochastic (55,5,3) is also appraoching resistance where we might see a corresponding drop in price.
NCLH Approaching Resistance, Potential Drop! NCLH is approaching our first resistance at 50.50 (horizontal overlap resistance, 61.8%, 78.6%, 50% Fibonacci retracement, 100% Fiboancci extension) where a strong drop might occur below this level pushing price down to our major support at 45.11 (50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our first resistance where we might be seeing a corresponding drop in price.
NCLH - H&S formation short from 46.43 to 31.33; 45/42.50 Mar PutNCLH - Looking for a short below 46.43.
Target 1 40.33. Target 2 36.33, Target 3 31.33.
100% insider sale from 10% owner.
On the option side $45 March Puts are $1.98, $42.50 March puts @ 1.30.
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NCLH - Upward channel breakdown short from $52.46 to $45.57NCLH seems breaking down from a possible upward channel. it has very heavy insider selling and on the technical side Twiggs money flow sharply down into the negative side. We think it has strong downside potential.
To play this we could consider $60 September Puts (currently $5.30)
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Upward channel breakdown, smart money short setup.
Entry Criteria- $52.46
Exit Criteria- $45.57
Stop Loss Criteria- $55.88
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- BIG selling - over 750 million dollars. Could consider $60 September Puts (currently $5.30)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
