Chart of the Day: Royal Caribbean May Be Attempting a Breakout


Royal Caribbean Cruises has spent more than two months consolidating, but it may be getting ready to move again.

The first pattern on today’s chart is the trendline along the closes of December 28 and January 31. RCL ended yesterday above it, which could make some traders think the stock is …

For more, please click here to view the related idea and chart analysis on TradingView.

Royal Caribbean Cruises (RCL), daily chart, with selected patterns and indicators, courtesy of TradingView.
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform