Royal Caribbean Cruises Ltd (RCL) “On a long-term technical basis, the stock (RCL) is trading below its 200-day moving average which implies it is in a negative trend. However, the stock has broken up through an important long-term resistance level at 35.60 suggesting the long-term down trend could be turning neutral. If this new level of support at 35.60 holds, look for a move higher to the next resistance level at 54.64.

The stock has support at 35.60 and 19.25. If the stock breaks down through support at 35.60 then it will probably continue lower to 19.25. The stock has resistance at 49.87 and at 54.64. If the stock breaks up through resistance at 49.87 then it will probably continue higher to 54.64. The 200-day moving average is at 103.71. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (41.93).”