Smooth Sailing Ahead For Royal Caribbean

For a while, the cruise ship play was a great one. The three main companies, Royal Caribbean, Carnival, and Norwegian Cruise were great plays for 2017. It was the exact opposite for last year and that is why I am interested in the upside play. These stocks have been faded on the rallies but I see a great buying opportunity in RCL on this dip. IF the stock remains above 112 in the near term, that is the target price range I am watching closely. If the stock can reject at that price range and move higher, I think RCL can be a very strong mover in the near term.