Nov. 13 at 2:13 AM
$NCLH is currently trading at
$18.82, significantly below its 30-day moving average (MA30) of
$22.4 and 50-day moving average (MA50) of
$23.61, indicating a bearish trend. The RSI at 15.4 suggests that the stock is oversold, which could lead to a potential reversal or bounce. However, the proximity to the 60-day low of
$18.07 raises the risk of further declines.
Directional bias is bearish due to the distance from MAs and the low RSI, but the oversold condition may provide a short-term opportunity.
Suggested entry:
$18.90, slightly above the last close to confirm upward momentum.
Stop loss:
$18.00, just below the recent low to manage risk.
Targets:
$20.00 (first target, near the MA30) and
$21.00 (second target, closer to the MA50).
Monitor for signs of reversal before entering.
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