Hubert Senters here.
Let’s take a look at NCLH, Norwegian Cruiselines. Now, since the pandemic hit obviously it has worked its way off of a low of $7.47.
And now it’s traded as high as $34. It’s a big run. It’s busting a tail on the over head resistance of the weekly cloud.
Let’s take a look the daily. The daily is still above the cloud so we’re going to have a few little issues.
We need to go back up through so in order to do that what you’re looking for here is two things a 10-minute buy signal which you don’t have yet and or a 60-minute buy signal which you don’t have yet so.
If you’re long this thing I would probably just bump up your stop. If you want to be long this thing you just got to wait and obviously it’s got a one heck of a run so just be careful with it.
Johnny Seville is doing a special webinar on How to Predict Explosive Moves by Following Insiders! Tuesday, March 9th at 8:15 PM EST.
Good luck. Hope it helps. See you on the next video.
Hubert.