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Re: RCL Cruiser post# 14460

Thursday, 06/26/2014 3:05:10 PM

Thursday, June 26, 2014 3:05:10 PM

Post# of 20265
I think it is in vicinity of a big move up within a few weeks... but real question is timing. Daily chart is showing potential set up to clear .0024 & break out much higher, but sometimes the pattern of this stock head fakes a person and thus it settles lower in sideways manner for a couple more weeks, and then suddenly flies upward big time.
Based on historical patterns of this stock over past approx 8 months for example, those are the 2 scenarios that are likely to play out. It either flies really soon based on current set up on daily chart, or it drifts lower, sideways for a couple more weeks & then surprises to upside move parabolicly.
(Not excluding any possibility of a major crash lower, but I think it is oversold already near .002 levels. The lower .001's possible, but I think we see major break out within next 1-4 weeks)

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