I’m not going near it, since I’ve been burned too many times, but I feel compelled to point out Royal Carribean (RCL) as a short idea. The reason? Well, it has zipped about 80% higher in just a couple of months, and now it has banged right up against its channel’s midline.
![](https://slopeofhope.com/wp-content/uploads/2023/12/slopechart_RCL-640x343.jpg)
I’m not sure if the company’s newfound success is based on the post-Covid “revenge travel”, but even I have to admit that the allure of the sea, with its elegance and sophistication, never fails to beckon.
![](https://www.vast.press/wp-content/uploads/2021/12/Screen-Shot-2021-12-21-at-10.32.46-PM-743x1024.png)
![](https://mediaproxy.salon.com/width/1200/https://media.salon.com/2023/01/khvbnfjr7ijlsyt5whkwrswgni_81h1jbennhuuhtgpegewqj12bjtvw8b4axvmuufnoefvmcqax5olvshz5imv05xyagwe_bcgqhf5kqfy0dd4ptcteivx76ozn7uhsixmeit-t4ek0k9hm5sxxuywpxdsiqqzjs88xaiazfkt0uebwzba10cylkdcgnw.png)