Since late February, RCL has been trading between $79 and $97. It's bounced around between that range and the 79 level has been acting as great support, highlighted on my chart by the green arrows. We are seeing a selloff in RCL, and I believe we will once again test that 79 level, which presents a good buying opportunity. My first price target is $88. There is a chance we test the 97 level again, which RCL has done several times.