Norwegian Cruise Line Holdings Ltd (NCLH)

[cottonmather]

In the nclh weekly chart found in the anchor of this post are two bearish technical formations. Both have completed in that thresholds have been violated. Now comes theory quantification of targets.

The foremost configuration is the parallelogram ranging from March 2020 to present. The formation was broken with an approximate range of $15. The break was around 24.50. So, 24.50 minus 15 is about 9.50. I say 9.50 because I did not determine exact values. These are approximations. $9.50 can be expected at some point in time relative to a weekly chart (often greater than 6 months).

A second configuration of the same was violated two weeks ago. Using the same quantification method, the resulting target is a similar $9. This parallelogram ranges from November 2021 to January 2022. It too is approximate.

Notable gaps are 25.60, 20.96 and 17.31. Recently, price activity was buoyant around 21 but failed. You can expect price to be active near these points.

There is no economy and it will increasingly fail. Inflation will exponentially increase. nclh bonds will destroy the company. del Rio is a fool and idiot.

Good luck