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Buy Cruise Stocks Now?! RCL CCL NCLH | Price Predictions and Stock Analysis $RCL $CCL $NCLH - YouTube
Channel: Money Dad
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what's up everyone brad here with the money dad聽
channel in this video i'm going to go over the聽聽
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big three cruise line stocks well the big three in聽
my opinion royal caribbean carnival and norwegian聽聽
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cruise line holdings because there is something聽
playing out here on all three of these stock聽聽
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charts kind of the same time because all of聽
the cruise lines just tend to uh move in the聽聽
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same direction at the same time right they can聽
it's their own little industry and they all move聽聽
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together in similar fashion so there is a similar聽
pattern playing out on all of these stock charts聽聽
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and i think it's it's kind of telling us that聽
something big is about to happen so i wanted to聽聽
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bring this to your attention and get your thoughts聽
in the comments below and let me know what do you聽聽
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think is about to happen are we about to see a聽
big move to the upside a big move to the downside聽聽
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are we just going to keep chopping around in聽
the same range for a little while i have my聽聽
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personal opinion and i will get to that later in聽
the video but i want to show you the patterns on聽聽
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the charts and then you know maybe you make your聽
own conclusion as you're seeing this information聽聽
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and i will give you my opinion at the end okay聽
so let's start with norwegian and then i'll go聽聽
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through the other ones uh so you can see back聽
here at the beginning of this chart this was the聽聽
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crash back in march of 2020 right where all of聽
these charts look just like this right in march of聽聽
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20 almost every single stock you look at any stock聽
chart you look at is gonna have this big crash聽聽
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and then all the cruise lines have just聽
been kind of melting up over time since then聽聽
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and there's a couple of patterns聽
that we can see on these charts聽聽
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namely in november we had the start of a bull聽
flag on norwegian anyway we had this bull flag聽聽
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this this run up right on on good聽
volume and then the flag portion uh聽聽
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occurred from december to february and then we had聽
a very nice breakout right here right let me zoom聽聽
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in a little bit closer actually let me just clean聽
this up i'm going to take the moving averages聽聽
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off i'm in trading view by the way i'm taking聽
the moving averages off just because they're not聽聽
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super relevant to the patterns that聽
i'm showing you on these charts聽聽
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so i'm just going to clean it up so it's really聽
easy to see we have this bull flag right here from聽聽
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december to february and then a nice pop out of聽
the bowl flag that happened from february to march聽聽
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so this bull flag correctly predicted this pop聽
to the upside now since then norwegian has been聽聽
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in this consolidation triangle type聽
looking pattern right you got these waves
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let me put a couple of trend lines on here and聽聽
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show you guys what i'm talking about and聽
actually probably starts right about here聽聽
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yep sure does okay so you've got these waves聽
starting with this pop out of this bull flag聽聽
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right you got a wave to the upside and then聽
down a smaller wave to the upside smaller wave聽聽
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to the downside and so forth and we're just聽
consolidating inside of this triangle right聽聽
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excuse me so i would expect it to continue to聽
consolidate something like this and we're going聽聽
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to get smaller and smaller until we break to the聽
upside or the downside now i know that's not super聽聽
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helpful for you guys you're probably thinking聽
well i want to know which way we're going to go聽聽
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i don't you know it doesn't do me any good for聽
you to tell me well we're either going to go up聽聽
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or down yeah no kidding that's what stock charts聽
do right that's what stocks do they go up or down聽聽
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so which way are we going to go well聽
this consolidation phase right here is聽聽
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typically more often than not a continuation of聽
the trend from before the consolidation what does聽聽
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that mean whatever our trend was right so it聽
looks like a bull trend right we're heading up聽聽
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whatever the trend was wow that's not an arrow聽
is it geez let me make that a little bit better聽聽
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let me just keep squiggling on the chart until聽
it looks like something alright maybe that's聽聽
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something like an arrow i don't know anyway you聽
can see we're slightly heading to the upside over聽聽
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time so that's a bull run a bull trend this聽
consolidation pattern here uh you know it's聽聽
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not every time these are all probabilities in聽
the stock market but a consolidation uh pattern聽聽
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more often than not will break to the direction of聽
the trend so in this case it'll be to the upside聽聽
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not the downside right we're expecting this to go聽
up all right so we've got a consolidation triangle聽聽
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on norwegian we expect it to break to the upside聽
oh maybe i mean this could happen as early as
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uh june but i wouldn't be shocked if it聽
took until july to happen okay so sometime聽聽
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sometime over over the summer okay so聽
that's norwegian let's look at carnival聽聽
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all right so very similar chart here right back聽
in november through february we had this big聽聽
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bull run and then the flag and the break out of聽
the flag the bull flag correctly predicted this聽聽
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bull run right here from february to march and聽
now we're consolidating into a sideways triangle聽聽
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pattern right i mean this is exactly like聽
norwegian so i don't need to go over this one聽聽
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again with you guys but just know that you know聽
if if you're looking for information on carnival聽聽
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everything that i just said for no norwegian is聽
going to apply here it's the same chart right so聽聽
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if we are trying to predict which way we're going聽
to go on this one you know we've got these waves聽聽
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in here i think we're going to chop a little bit聽
smaller and then we're gonna break to the upside聽聽
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because that is the continuation from聽
the trend before right the trend has been聽聽
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to the upside and this consolidation聽
right here should continue that trend okay聽聽
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excuse me again yeah i've been uh battling聽
some throat issues i've lost my voice a聽聽
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couple of days ago so kind of hard to make聽
a youtube video when you don't have a voice聽聽
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but i'm trying to you know i've been coming out聽
of it so trying to get trying to get back into it聽聽
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anyway let's look at royal caribbean because on聽
this one i think i can give you guys a specific聽聽
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price target and i think that will help with聽
the other ones because on the other charts i've聽聽
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been saying yeah i think we're going to break聽
to the upside but i haven't given you numbers聽聽
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that's because those consolidation聽
patterns are a little bit harder to predict聽聽
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those those triangle consolidations that聽
take a long time this one royal caribbean聽聽
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has a bull flag and that one is easier to set a聽
specific price target because we base it on the聽聽
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size of the flagpole right here and if you've if聽
you've been a subscriber to my channel for a while聽聽
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you know how this works we just copy this this聽
flagpole and we paste it over here and it gives us聽聽
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the price target it's pretty simple actually i do聽
before i give you guys that price target i want to聽聽
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throw some caution into the wind on this chart if聽
you've been a subscriber of my channel you also聽聽
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know that i look for gaps um so on this chart聽
we have this big gap right here right so i want聽聽
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to bring it to your attention because that is a聽
bearish look doesn't mean that we're definitely聽聽
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heading down but if we break to the downside out聽
of this bull flag this will be my downside target聽聽
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sixty dollars to sixty four dollars it's pretty聽
low from where we're at right now at 84. okay i am聽聽
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not expecting that unless we break down under this聽
bull flag okay uh so i just want to bring that to聽聽
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your attention guys there is a bearish target聽
on this chart but i'm not bearish on this chart聽聽
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i'm not bearish until we break below this blue聽
line this is our support right here the bottom聽聽
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of this flag if we break below that then yes聽
i'm going to target that gap but i'm playing聽聽
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probabilities here and the probability is that聽
a bull flag will break to the upside it's a bull聽聽
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it's called a bull flag for a reason it's supposed聽
to break to the bull side to the upside okay聽聽
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so what is the price target for this bull flag聽
let's take a copy of that flagpole move it over聽聽
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to where we think the next bull run is going to聽
start so if we think this is the bottom right here聽聽
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this is uh we're heading up from here we're聽
going to break out we just start our bull聽聽
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flag our yeah our bull flag pole at the bottom聽
of that and this gives us a price target of 111聽聽
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okay so royal caribbean is currently聽
trading at dollars and sixty six cents聽聽
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we've got a price target of a hundred and聽
eleven dollars so what's that fifteen plus聽聽
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eleven you're talking twenty six dollars聽
of upside on an eighty five dollar chart so聽聽
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you know what is that 30 35 percent upside it's聽
pretty significant that's it that's a big move聽聽
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um now all that said i wouldn't personally buy in聽
until we have a confirmation a breakout above this聽聽
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resistance line right here so i wouldn't聽
be you know taking in 30 to 35 percent聽聽
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profit because i'm going to wait for a聽
confirmation all right we're going to break out聽聽
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assuming this plays out correctly the the way聽
that you know both legs do we're going to break聽聽
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out over this bull flag and as soon as we get聽
a candlestick or two to close above this line聽聽
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i enter a position and i target 111 dollars聽
so we're talking probably you know entering聽聽
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a position around the 91 92 dollar range something聽
like that and then targeting 111 so it's not like聽聽
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you're not making any money you're still making聽
good money right you're talking about like聽聽
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twenty dollars um on a ninety dollar stock so聽
that's more than twenty that's twenty two percent聽聽
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you know it's really good money so talking 30 to聽
35 percent upside from where we're at right now聽聽
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probably 22 percent more likely once we enter聽
the trade once we wait for that confirmation so聽聽
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i would be looking for similar moves in carnival聽
and in norwegian as well so you know i did give聽聽
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you guys price targets on these ones but if you聽
remember at the beginning of the video i said聽聽
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these stocks move in a very similar fashion that's聽
why their charts look so similar not after all the聽聽
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squigglies that i put on them but these three聽
charts look look pretty close pretty close聽聽
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to the same so it's because they're all in聽
the same industry they all do the same thing聽聽
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right they're all cruise lines so all of the聽
major news that comes out is going to move all聽聽
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of the cruise lines in a similar fashion so i'm聽
expecting you know big moves to the upside on all聽聽
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three of these probably within the next month or聽
two sometime over the summer but royal caribbean聽聽
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uh chart is suggesting that move could happen聽
imminently like within the next you know聽聽
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week or two it might just be a slow melt up聽
and we never really get any massive great news聽聽
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uh it could just be you know we just gained 30聽
percent over the next month or two and it's just聽聽
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a slow melt up or we could just get some kind聽
of crazy good news for the cruise lines and聽聽
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we get that 30 to 35 percent聽
within the next week or two weeks聽聽
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it could go either way so that's what i've got聽
guys i'm super bullish uh on the cruise lines聽聽
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uh based on these chart patterns uh that all said聽
you know i'm not married to my positions if they聽聽
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break down under my support lines i get out if聽
i'm even in it at all to begin with right you聽聽
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know i'm not in the cruise lines right now i am聽
looking to get into a position once we break above聽聽
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these patterns uh but if they break down like聽
i'm not gonna i'm not gonna cry at night if uh聽聽
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you know if i if i can't enter a trade on this if聽
it breaks down i'm not gonna lose much money if at聽聽
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all and there's even some money to the downside聽
to be had if you want to short this or you know聽聽
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buy puts and target this gap down here so that's聽
what i've got guys you can play this either way聽聽
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just pay attention to the chart and watch for聽
if it breaks above the resistance line or breaks聽聽
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below the support line okay hope you guys enjoyed聽
it if you did hit that like button for me it helps聽聽
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me out helps the channel helps a family out聽
and if you're not a subscriber and you're still聽聽
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watching this video then you must have liked聽
something so hit that subscribe button so聽聽
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you can continue to see more videos like聽
this i do stock chart pattern analysis on聽聽
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all kinds of stocks in trading view hope you聽
guys enjoyed it i'll see you in the next one
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