NCLH trade ideas
$NCLH DownsideDaily
Break of trend line
Break of Support
Trading inside rising channel
Blue labels target price for shorts
MACD Cross down
RSI below 50
TAYOR!
Please hit Like!
Tango Yankie
$NCLH - 20% downside, XX% upsideDownside can go up to 20% if we go by trendlines. In terms up upswing, it can go up to Pre-COVID highs. This will require time and patience. As for fundementals, $NCLH has weathered many storms and it has cash for 18 months without setting sail. Great potential money maker. The more it goes down the better, although it is subjected to market trends (were in a downswing at the moment.)
NCLH - 20% Bullish Target by 6/26Always attempt to be 100% honest on my predictions, failures, and wins
Picked up this position yesterday (6/22) on the market open at 17.31.
I took the position after seeing a 40%+ correction over a 3-day period, June 8th - June 11th; another 18% correction took place June 16th, followed by one more correction of 15% on June 19th.
Given that June has seen some massive downward moves to a low of 16.50, I believe there is some upside, as you can see the compression occurring with opportunity to break-out to the next resistance level at 20.10, followed by one more at 22.65.
Good luck all 🍀🍀🍀🍀🍀🍀🍀
NCLH a good buy?Hello, so today I took profit from LTC, which gave us a good return, yet was countered with downward movement. My thinking of buying both was to hedge against NCLH incase of downward movement and it worked. So I entered into another position in NCLH looking for upward price movement as in the hourly we are oversold with major support at roughly around the 16.81 area give or take a precent or two in either direction.
News
-Well NCLH did get downgraded just like the rest of the cruise lines to a hold, yet on the NASDAQ its still a majority buy. Trading view is a sell
-Cruses are pushing back all cruises till the fall and NCLH was the only one that volunteered to extended it further unlike the other two
TA
-We are in a downtrend that is represtened by the yellow dotted line.
-Price target to the upside is at 19.42
-Downside support at 16.61, which we have hit and pass through over 8 times.
-Next downside support is at 15.42 roughly than its 14.10
-RSI is oversold on the hourly
-MACD is getting tight and we can predict a pretty big move tomorrow or on Wednesday
So I'm going long on NCLH in the short term, yet its hard to judge movement since its correlated with all the cruise lines. If bad news hits ccl or rcl than it hits nclh, yet NCLH has the strongest balance sheet since it is the smallest and has money to last about 18 months. WallstreetBets, if you trust them, pick NCLH over CCL if theres any credibility, yet again besides them NCLH has the better fundamentals and has a much larger hand over its money compared to the others. As of writing this futures just dropped 1.3%, so we could suspect a big move on Wednesday
NCLH Idea predictions where market will goI believe the market will go up dont really know if you guys see what im seeing I just think the good is out weighing the bad Let me know if im wrong let me know in the comment im learning
NCLH Grade 5 math = easy short opChanging sentiment on a huge material change PR that wont see operations all summer.
NCLH endured an operation net loss of $1.8B in q1 (after having ticket sales of $1.2B)
Imagine the q2 book after no months of ticket sales.
They have $16B in assets, $1.3B of that is cash but with $12B in debt.
Bringing us to bottom line book equity of $4.3B
Customers from q1 sales are going to want their money back, I'm not even pricing that in here.
They really needed to open this summer.
Sure the company can last 18 months, but at what cost to shareholders? They will 100% require another debt round or equity round to exist.
My price target is 10$ in the near term & i'll be adding to any fake squeezes. Math supersedes the RH pump.
Short $NCLH to single digits.
NCLH 2020-JUN-18NCLH announced yesterday a further delay to cruise operations; but fundamentally they have a good amount of available cash reserves to survive this - and I think traders are seeing the same thing. I really like the long term potential on this asset.
Norwegian Cruise Line Technical Analysis - Hold PositionBased on Fundamental Analysis:
Norwegian Cruise Line — Norwegian’s stock dropped 13% after the closing bell after the company announced it is extending its suspension of global cruises to include trips between August 1 and September 30 for its three main cruise brands. The cruise line said the cancellations exclude Seattle-based Alaska trips in September. Select voyages, including Canada and New England itineraries, are also canceled through October 2020 due to travel and port restrictions. Shares of Carnival and Royal Caribbean Cruises each fell more than 7% in after-hours trading as well.
Potential NCLH Take Profit PositionsThe NCLH Chart looks to follow a similar trend as to that of airlines such as UAL, suggesting they are probably reacting in a similar manner (Technically) during this crisis, as seen from superimposing the two. A gap up has occurred today which could signify the potential of a bull rally today, yielding a good sell opportunity as we await the next dip. The RSI is around the 60 region, suggesting there is still room left before heading into the overbought region. The TD Sequential has a current count of 4 on the bull side, suggesting that the short term bull trend is not near exhausion and finally, the MACD is diverging suggesting that the bullish pattern will continue in the short term.
Take profit trigger region is around the 25.5+ price level, around 130%+
This is for people going short or day trading, if going long take this with a pinch of salt.
Possible downsides:
- The trend may consolidate of potentially drop as there are still second wave fears and cruise lines are not in demand at the moment. This is mostly technical, hence you should watch out for any other changes in the fundamentals
NCLH LOOKS INTERESTING MISSED OUT OPPORTUNITYNCLH LOOKS INTERESTING MISSED OUT OPPORTUNITY WILL WAIT FOR RETRACEMENT
this is firming upyes it is firming up based on the interventions that i am seeing...
Follow
follow
follow
NCLH long ideas and target pricesTarget Price 1 = $25.93
Target Price 2 = $31.68
Target Prcie 3 = $37.44
These are the levels I believe are important in the post pandemic rebound.
I'll make sure to see how they pan out.
THIS IS PREMATURE TREND LINE ONLY FOR STUDY PURPOSETHIS IS PREMATURE TREND LINE ONLY FOR STUDY PURPOSE,I WONT ENTER POSITION TILL IT CROSSES 20.70 AND RETRACES BACKS .
Norwegian Cruise Line Technical Analysis - Hold PositionThe wisest option is to Hold.
It seems too risky to go long, but based on stochastic, MACD and if the support line will not be broken, I, personally, would be tempted to go long.
