NCLH - Can this travel /cruise stock rise into earnings. LONG
The cruise line subsector is surging. Apparently Royal Carribean is doing better than Norweigan
but both a having a busy 20214. Earnings are around the corner. On the 60 minute chart
the lower anchored VWAP bands are all trending down as is price overall. Of late from
underneather price has tested the mean VWAP line and than did a test of resistance at
the first lower VWAP bandline where it still sits at the underside. The "Next Pivot" AI indicator
suggests a hard uptrend heading into earnings. The RSI indicator shows both fast and slow
lines under the 50 level. Based on everything here knowing earnings are coming ;they likely
will be good with the AI indictor predicting a 7-8% jump in the run up to earnings.
I am fairly smart but well aware not so much compared with the predictive modeling of
an AI indicator with its lookback and pattern matching routines. I will take a long trade
here confident that the risk has been somewhat mitigated by an AI indicator, industry trending
and the chart itself.
but both a having a busy 20214. Earnings are around the corner. On the 60 minute chart
the lower anchored VWAP bands are all trending down as is price overall. Of late from
underneather price has tested the mean VWAP line and than did a test of resistance at
the first lower VWAP bandline where it still sits at the underside. The "Next Pivot" AI indicator
suggests a hard uptrend heading into earnings. The RSI indicator shows both fast and slow
lines under the 50 level. Based on everything here knowing earnings are coming ;they likely
will be good with the AI indictor predicting a 7-8% jump in the run up to earnings.
I am fairly smart but well aware not so much compared with the predictive modeling of
an AI indicator with its lookback and pattern matching routines. I will take a long trade
here confident that the risk has been somewhat mitigated by an AI indicator, industry trending
and the chart itself.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.