RCL Breakout

22 thg 3, 2021

RCL is looking strong as travel and reopening trades are back in play here. We're looking for a break out of this resistance, which we already saw last week. A green candle close above this level would indicate a move back up to the highs - PT 95.5, resistance at 92 a d gap fill from 93-94, ultimately targetting low 100s before May. SL set below 87.8, a key support level. 3.5:1 Reward to Risk Ratio play on a 1-2 month swing! If you're signed up for premium, we called this one out Friday!