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Norwegian Cruise Rises 1.02% on Heavy Volume: Watch For Potential Pullback

By Nick Russo

Norwegian Cruise (NYSE:NCLH) traded in a range yesterday that spanned from a low of $59.07 to a high of $59.27. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $58.81 on volume of 426,000 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.

Norwegian Cruise share prices have moved between a 52-week high of $59.27 and a 52-week low of $39.36 and are now trading 51% above that low price at $59.27 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.8%.

Keywords: rebounders norwegian cruise

Ticker(s): NCLH