range-bound near breakout above 300, targeting 350 then 460.
RCL is range-bound between 245 and 300 since October and nearing a breakout above 300, targeting 350 initially then possibly 460.
Royal Caribbean trades at 14x forward earnings with record bookings, 25% net margins, and 13-14% EPS growth. A breakout above the triple top at 350 could project to 460, making this an attractive risk/reward.