In mid-November we analyzed the title and said that it had set sail and set course for maximums historical. And these are just around the corner.
In mid-November, we warned of the formation of double soil return from the base (support) of the medium-long term bullish channel in Royal Caribbean. Since then the price has not stopped climbing positions almost without rest. Without much noise, but continuously. At this time, the projection (theoretical minimum) of the double floor has already been fulfilled, which does not mean that it cannot go up any more. In fact, the price is poking your head above the bearish guideline, also confirming what appears to be a potential trend continuity formation in inverted 'head and shoulders'. From what follows that, specific corrections aside, we do not rule out that the price ends up looking for the resistance zone (dynamic) that confers it over the next few months the upper part of the bullish channel: around $ 200.
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