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ROYAL CARIBBEAN CRUISES
(RCL-NYSE):
Technical Viewpoint: From a low
of $43.51 on Sep 30, 2004 prices
rallied, reaching a
high of $47.39
on Oct 6, 2004. A
decline saw prices pull back, reaching a
low of
$46.10 on Oct 8, 2004.
Another rally saw prices penetrate
resistance, closing 10/15/04
at $48.32. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 3, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $45.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 8, 2004. A P&F upside
reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! ROYAL CARIBBEAN CRUISES
(RCL-NYSE) @ $48.50 Stop: Use a protective stop of $46.50.
ROYAL CARIBBEAN CRUISES is currently trading @ $48.32 plus $1.55 on Oct 15, 2004. Price Objective:
$64.50. Risk/Reward: $2.00 VS. $16.00. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$64.50
Risk/Reward:
$2.00 VS. $16.00
Risk/Reward Ratio:
8:1
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