Shares of Royal Caribbean Group (NYSE: RCL) hit an all-time high today after the cruise ship operator reported solid earnings and strong guidance, as well as made a major new announcement. Royal Caribbean CEO Jason Liberty said the company has been seeing a significant increase in demand for its various brands,

Royal Caribbean’s quarterly profit topped expectations again, and the outlook for the current quarter is above forecasts.

The stock’s bullish 50-day moving average has been providing strong trend support for the last two weeks as shares were leaking to lower prices at $225. Today’s response to the earnings report fortifies the stock’s short- and long-term trend as even more bullish.