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Cruise Stock Presents Attractive Buying Opportunity
Schaeffers Investment Research· 2025-11-07 21:01
Royal Caribbean Cruises Ltd (NYSE:RCL) stock recently pulled back to a potential support level within the context of a long-term uptrend, as defined by its January closing high at $274 – which is near double major twin peaks in 2018 and 2020 – and the rising 12-month moving average. The latter has also provided excellent buying opportunities for the shares since 2023. The security is outperforming the S&P 500 Index (SPX) in 2025 with a 24% lead, even after the cruise giant issued a dismal fiscal fourth-qua ...