Norwegian Cruise Line Stock Drops 15% On Earnings - Buy Or Wait?
1. NCLH stock dropped 15% after earnings report disappointment. 2. Revenue of $2.94 billion fell short of expectations. 3. Stock is near historical support levels, indicating potential buying opportunity. 4. NCLH stock traditionally rebounds from support levels with average peak return of 31.6%. 5. Downside risk remains despite strong fundamentals; susceptible to market declines.