See how the Diamond is playing out for RCL. View live chart.
Indecision. Widening then narrowing range.
Gradual reversal from bearish to bullish.
RCL is showing interesting structural developments at $293.54. Currently at $293.54, the asset is showing upward momentum (3.57%). Algorithmically, a Diamond structure has completed. Volume is average (1.01x avg) with moderate trend strength (9.5). A potential breakout level is identified at $333.39, targeting $400.43 with support near $299.87 (R:R 2.0).
What is your outlook on RCL?