Cruise Stocks Update! NCLH, RCL, and CCL Stock Price Predictions and Stock Analysis - YouTube

Channel: Money Dad

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what's up everyone brad here with the money dad聽 channel in this video i want to talk about the聽聽
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cruise lines again i've had a couple of comments聽 asking what is going on with this stock price聽聽
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prediction so i want to show you guys something on聽 these stock charts there's three of them that i'm聽聽
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going to go over norwegian cruise lines uh royal聽 caribbean and carnival so let's jump right into聽聽
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it right there okay so i've got norwegian pulled聽 up first and all three of these stock charts are聽聽
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going to look somewhat similar the whole industry聽 kind of moves together so i'm going to show you聽聽
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norwegian first but the idea here is going聽 to be the same for all three of them okay so聽聽
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jumping back over to the money dad page i'm聽 gonna show you i made this video right here聽聽
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on cruise lines three weeks ago all right so um聽 that was let me zoom in here on the norwegian聽聽
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chart uh that was probably around right before聽 we broke through this trend line right here聽聽
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i think that was when i made it right so when聽 we broke through the idea was okay we've broken聽聽
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through that resistance and now we're going to聽 head higher and i think i made a price target聽聽
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on royal caribbean and i'll get to that here聽 in a moment but let's take a look at norwegian聽聽
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first so um you guys are saying what is going on聽 with this price target because or this prediction聽聽
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because we went up a little bit and then we聽 pulled back well we actually pulled back yes聽聽
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right where we wanted to if we were going to聽 pull back sometimes when you break through聽聽
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this resistance line right here you just聽 shoot straight up to your price target聽聽
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or chop a little bit straight up to your聽 price target sometimes we see this pullback聽聽
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right because these things aren't 100 it's not聽 going to work out every single time but when聽聽
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we do see this pullback ideally what we want聽 to see is we bounce off of this trend line聽聽
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we use it as a floor it's now support because it's聽 underneath us we bounce off of it and we head up聽聽
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so look what happened today or over the last聽 three days really we touched this support line聽聽
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right with this red candlestick right here three聽 trading days ago we touched it the next trading聽聽
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day we sat right around it and then today聽 we started heading up from it that is what聽聽
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exactly what you want to see with the trend line聽 like that you want to see it act as support it's聽聽
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a floor underneath us if we break through it and聽 go under it that's a very bad sign because it's聽聽
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now above us and acting as resistance so to see it聽 act as a floor act as support it's kind of like a聽聽
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like a springboard that is exactly what you want聽 to see so sometimes when you have these breakouts聽聽
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you come up and you come back and re-test as long聽 as that test is good you should head up to your聽聽
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price target from there so you know i mean in a聽 perfect world do we want to just head straight聽聽
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up after that breakout of course everybody聽 just wants to see their stocks go straight up聽聽
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doesn't happen every time but when we do pull back聽 and re-test that's exactly what you want to see聽聽
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you want to see that bounce off of that re-test聽 if you look back here on norwegian back in january聽聽
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looks like this was setting up from october all聽 the way to february when we broke out of this bull聽聽
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flag right here it just went straight up it did聽 not come back and retest the top of that bull flag聽聽
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that does not happen every time like i just聽 said right here we are re-testing the top of the聽聽
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trend line so um we want to see it go up from聽 here this might be a really good time to buy聽聽
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right now now let's look at carnival and like聽 i said at the beginning of the video video聽聽
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all three of these are going to be pretty similar聽 um look at carnival it's coming back and it's聽聽
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re-testing that trend line right there right let聽 me switch over to auto and zoom in you can see聽聽
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we came pretty close to that trend line kind聽 of bounced off of it and we're heading up聽聽
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right something a little bit different on聽 carnival's stock chart that we didn't see on聽聽
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norwegian is this bull flag back here remember we聽 had a bull flag on norwegian around the same time聽聽
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but what we didn't have on norwegian was this聽 retest right look at norwegian when we broke out聽聽
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of this bull flag right here we just went straight聽 up now look at carnival here's your bull flag聽聽
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look what happens when we break out聽 of the bull flag you come up come down聽聽
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re-test that is a good test and boom straight up聽 so that is what we're looking for here to happen聽聽
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again retest boom straight up okay so that's聽 carnival now let's look at royal caribbean聽聽
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looks like another retest of the top of the bull聽 flag right you're coming you got your bull flag聽聽
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coming up your flag pole you've got your flag made聽 it did get a little long but we finally broke out聽聽
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now we're coming back down and we re-test right聽 broke underneath it a little bit uh two trading聽聽
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days ago but we got back above it closed聽 above it so that's a good test as long as we聽聽
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don't break underneath it and kind of start聽 breaking down underneath it then i think we're聽聽
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totally fine i think the cruise lines look fine聽 guys i actually think they look really good right聽聽
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now as a uh kind of a buying opportunity so you're聽 seeing some really good prices in these stocks you聽聽
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know if you bought the breakout then we're kind聽 of right around that same price point where the聽聽
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breakout was so if you bought that breakout you聽 probably haven't lost a ton of money yet um and it聽聽
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looks like we're going to use this trend line the聽 top of those flags as support but pay very close聽聽
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attention to the price action here because if we聽 start to break down under that support i would not聽聽
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want to be in this trade anymore because now that聽 support is above us it's acting as a ceiling it's聽聽
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resistance right so um keep a close eye on this聽 guys i think we're good from here but you know聽聽
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i look i can't predict the future right i can聽 just tell you what happens on the stock chart聽聽
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patterns more often than not right nothing's a聽 hundred percent but we play the probabilities so聽聽
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um like i said keep a close eye on it okay聽 that's what i've got for the cruise lines聽聽
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guys i hope you liked it if you did hit that like聽 button for me help out the channel if you're not聽聽
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a subscriber yet and you're still watching this聽 video what are you waiting for hit that subscribe聽聽
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that help out me and the family appreciate聽 it guys i will see you in the next video