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Actionable news in RCL: ROYAL CARIBBEAN CRUISES Ltd.,

Royal Caribbean (RCL) Stock Will Cruise to a 25% Upside

NEW YORK (TheStreet) -- I must be the right demographic, because not a week goes by when I don't get one, if not several, sales booklets for cruise lines. And all that marketing must be working, because the chart of Royal Caribbean Cruises (RCL - Get Report) is steaming ahead.

RCL's chart, above, started a strong rally in May that continues with a strong ON-Balance-Volume (OBV) line and trades above the rising 50-day and 200-day moving averages.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

This longer-term chart of RCL, above, shows how it has stayed above the rising 40-week moving average with a rising OBV line and a bullish MACD oscillator signal. Based on a point-and-figure chart count, our next price target for RCL is around $125.

TheStreet Ratings team rates ROYAL CARIBBEAN CRUISES LTD as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

We rate ROYAL...


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