See how the Bearish Flag is playing out for RCL. View live chart.
Bearish continuation if preceding move was down.
A clear signal has emerged for Royal Caribbean Group (RCL) on the daily chart. The stock is trading at $260.68, up 2.68% on the day. Algorithmically, a Bearish Flag structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $232.1, targeting $144.74 with support near $275.27 (R:R 2.02).
What is your outlook on RCL?