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Norwegian Cruise Rises 2.29% 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 $52.76 to a high of $54.61. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $53.30 on volume of 1.7 million 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.

In the past 52 weeks, shares of Norwegian Cruise have traded between a low of $49.52 and a high of $61.48 and are now at $53.98, which is 9% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: rebounders norwegian cruise

Ticker(s): NCLH