Week 5: price boxed between support and resistance
Norwegian Cruise Line eases 0.9%, squeezed between support and resistance
Week 5: price boxed between support and resistance
Our view last week
Norwegian Cruise Line Holdings is in week 4 of a buy signal, up 5.49% since entry. Signal strength is high, at 81 out of 100, but the picture stays wide and volatile: to be managed with discipline, not chased with fresh exposure. The stop has already moved to breakeven, zeroing out the position's risk.
This week's summary
Norwegian Cruise Line barely moved this week (-0.9%), and the technical picture is tightening: price is boxed between the first resistance, the daily pivot average, in the 19.7 area, and the first support, the 100-day average, in the 19.6 area. Buyer dominance is fading and the last bar closed indecisive. The trade is still up 4.59%, with the stop already at breakeven.
IQS Phase
35
ordinary
Signal Strength
81
high · wide & volatile
Sizing
FULL
Ranking
#17 / 129
US stocks in progress
Trade P&L %
+4.59%
from signal to today
restricted Platinum content