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Royal Caribbean Cruising Toward a Breakout Level (RCL)

 
   
     
   
   
The market has been worried lately about so many things.

Is the AI boom over…or just beginning?

Is the Fed going to lower rates often and a lot…or not?

Is tech going to crash…or is it time to buy the dip?

And, not surprisingly, SPY has been in a sideways channel doing nothing since late November.

But lately the market has been pushing upward and is moving up toward new all-time highs.

Here’s the chart:
 
 
That said, sentiment has dropped slightly since last week. The Fear & Greed Index has dropped to 48 (from 51) and is still in Neutral mode:
 
 
At the same time, Royal Caribbean Cruises has been surging since January 20th and is getting close to a breakout level. Demand for cruises has been high and the market loved RCL’s last earnings report.

Here’s the chart:
 
 
A break above $366.50 could lead to a big move (like we’ve seen in the past from this stock). 

We’ll keep an eye on it.

Happy trading,
—The ProsperityPub Team

We make no future earnings claims, and you may lose money. From 10/02/24 to 09/22/25, the average win rate was 81.2% on live published trades. The average return on options trades was 3.4% over a one day hold time with an average winner of 24.5%
   
 
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