Let's check out the charts and indicators.
In the daily bar chart of NCLH, below, we can see that the shares were absolutely "crushed" from January to the middle of March. Prices made a quick bounce in late March and then a successful retest of the March nadir in early April. NCLH traded sideways to the middle of May and then it moved to the upside and has made a new high for the move up. The stock is above the now rising 50-day moving average line but still well below the declining 200-day moving average line.
The trading volume has been very heavy since early May and tells me that investor interest has been piling back into NCLH. The daily On-Balance-Volume (OBV) line has been moving up strongly and tells us that buyers of NCLH have been more aggressive.
The Moving Average Convergence Divergence (MACD) oscillator recently crossed above the zero line for an outright go long signal.
In this second Point and Figure chart of NCLH, below, we use weekly price data, which is projecting a potential longer-term price target of $52.