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After Yesterday's Rally of 1.16% Shares Could Potentially Pullback

By David Diaz

Norwegian Cruise (NYSE:NCLH) traded in a range yesterday that spanned from a low of $47.79 to a high of $48.38. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $48.18 on volume of 659,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Norwegian Cruise and will alert subscribers who have NCLH in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Norwegian Cruise has traded in a range of $46.16 to $61.48 and is now at $48.10, 4% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

Keywords: rebounders norwegian cruise

Ticker(s): NCLH