Stock Alert: Royal Caribbean Surpasses $250 on Strong Earnings
The stock’s bullish 50-day moving average has been providing strong trend support for the last two weeks as shares were leaking to lower prices at $225. Today’s response to the earnings report fortifies the stock’s short- and long-term trend as even more bullish.
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Royal Caribbean’s quarterly profit topped expectations again, and the outlook for the current quarter is above forecasts.
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