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Analysis: #NYSE
Case 422 #RoyalCaribbean Group
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#RCL 1/4
Case 422 #RoyalCaribbean Group
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#RCL 1/4
Chart 1
Monthly Chart: The huge declines seen in the first quarter of 2020 saw price exactly halted at the #Fib. 0.886 at 20.34. A strong bounce has seen the #SMA 200 at 57.11 reclaimed but firm resistances are positioned at 63.24 (2009 .....
RCL 2/4
Monthly Chart: The huge declines seen in the first quarter of 2020 saw price exactly halted at the #Fib. 0.886 at 20.34. A strong bounce has seen the #SMA 200 at 57.11 reclaimed but firm resistances are positioned at 63.24 (2009 .....
RCL 2/4
..... #trendline, turned resistance), 2016 #pivot at 67.15 and synthetic resistance at 79.67. A close above the latter will see a run towards the major #resistance zone of 94.42 - 116.22.
RCL 3/4
RCL 3/4
