Thread by @malteseinvest

Analysis: #NYSE $NCLH

Case 427 #NorwegianCruiseLine Holdings Ltd.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NCLH 1/4

Chart 1
Weekly Chart: The crushing declines seen in Feb.- Mar. 2020 has seen price trade to new all times lows. The upwards reaction stalled beneath the #Fib. 0.382 at 27.18. Block sales appear at 25.88 - 32.18 with the control level above .....

NCLH 2/4

..... 27.34. A close above the Fib. 0.50 at 33.41 targets 41.00 quickly. More block sales positioned at 41.16 - 47.01 with control at 43.56. A close above 47.01 targets 55.84.

NCLH 3/4

Chart 2
Daily Chart: #Momentum is negative and flat. #Support begins at 12.94 but this is suspicious. #Pivot support at 7.77 with synthetic supports at 4.97 and 3.18.

The #Strategy is printed on the image.

$NCLH 4/4

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