Nchl stock price current forecasts for NCHL stock price

Current forecasts for NCHL stock price are leaning toward a 5% increase over the next quarter, contingent on the upcoming product launch’s impact on revenue streams. One of the biggest issues facing Carnival coming out of the pandemic lockdown was that it left the company burdened with debt and highly leveraged. Management has done a great job of not only growing revenue and profitability but also lowering leverage to a more reasonable amount. After 80 days, my feeling is that NCLH needs to close the GAP to 21$. After that, it is possible that it will go down further to the new support 19$ or the old resistance on 16$. The recent spike in NCHL stock price volume suggests larger players entering positions, hinting at confidence in both immediate and medium-term growth prospects.