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Carnival

Could Carnival Cruise (CCL) sink in December? We see a correction happening this December. Why? Primary technical reasons: - Wave 5 on 8h candles - Divergence from Stoch RSI Other reasons: CCL has surged 92% this year. Such rapid gains can sometimes lead to profit-taking by investors, causing short-term price declines. Debt Levels: Carnival carries a significant debt load, a remnant from the pandemic period. This high leverage could weigh on investor sentiment. Competitive Landscape: The cruise industry is highly competitive, with companies like Royal Caribbean and Norwegian Cruise Line also vying for market share. Is all this enough to take CCL into troubled waters, at least for December? Shorts will agree.
NYSE:CCLShort
by JC7USA
CCL - Big base break-out for Carnival Carnival is breaking out big base starting early 2022 to 2024. Recently Carnival released their earnings for their Q3 2024 (June-July-August), which is the best quarter for the industry. The company made 1.74 bln USD net income from 7.9 bln USD revenue in the quarter. For the current fiscal year, Carnival is expected to post earnings of $1.28 per share on $25.13 billion in revenues. For the next fiscal year, the company is expected to earn $1.62 per share on $26.03 billion in revenues. Citi analysts in a research note said the cruising industry is experiencing strong web traffic and positive pricing trends, particularly for bookings in 2025. They additionally raised Carnival's price target to $28 from $25 In terms of valuation, the stock currently trades at 15.8X current fiscal year EPS estimates, while peer industry average is 17.8X
NYSE:CCLLong
by murat_cal
CCL, clearing pathway for an UPSIDE reversal..CCL is registering notable buying volume at the current price range. Accumulation for an upside valuation is certainly apparent. Key notes: - Weekly downtrend line break. - Weekly histogram higher lows creation - Significant Net buy / accumulation Expect some price growth from the current price levels of 9.0 TAYOR Safeguard capital always. ------------------------ Some Fundamental news for reference: Quarterly financials FEB 2023 (USD) Feb 2023 Y/Y Revenue 4.43B 173.14% Net income -693M 63.35% Diluted EPS -0.55 66.87% Net profit margin -15.63% 86.58% Operating income -171M 88.48% Net change in cash -546M 78.37% Cash on hand - - Cost of revenue 2.57B 74.98%
NYSE:CCLLong
by JSAL
16
Waiting for CCL to reach Loading Zones (Technical An) MonthlyGood morning investors. I am personally waiting for CCL to reach the LZ 1 or 2 to enter. Will be happy with an in between entry around $10.50. After predicting a comeback of the Airline Industry now expecting a shift to the upside very soon on the Cruise Lines. Norwegian another cruise line to watch out for. Both companies with major upside potential. This is just technical analysis of course but will also be looking at the fundamentals of these 2 companies. Lots of rumors about a potential collapse on CCL of course all hearsay and speculation, don't really think that will happen at least any time soon, but nonetheless, these 2 companies since COVID have yet to recover, here is what I am predicting, hope you enjoy and only time will tell. Happy Trading everyone!
NYSE:CCLLong
by Vic_Tech_Trader
CCL continues to have capped gains.Carnival Corporation - 30d expiry - We look to Sell at 10.88 (stop at 11.67) The primary trend remains bearish. Prices have reacted from 6.11. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 11.00 continues to hold back the bulls. 11.49 has been pivotal. The previous swing high is located at 11.19. Preferred trade is to sell into rallies. Our profit targets will be 8.91 and 8.41 Resistance: 9.10 / 10.00 / 11.00 Support: 8.50 / 7.70 / 7.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:CCLShort
by Saxo
Selling CCL into swing highs.Carnival Corporation - 30d expiry - We look to Sell at 10.88 (stop at 11.67) The primary trend remains bearish. Prices have reacted from 6.11. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 11.00 continues to hold back the bulls. 11.10 has been pivotal. The previous swing high is located at 11.19. Preferred trade is to sell into rallies. Our profit targets will be 8.91 and 8.41 Resistance: 9.10 / 10.00 / 11.00 Support: 8.50 / 7.70 / 7.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:CCLShort
by Saxo
1
An update on Carnival Corporation (It's not green). CCLSomeone requested an update on this gem, so why not. Key resistance broken earlier, now in Wave C of Zigzag, looking to drop to at east 1.2 of Wave A. ECHO supportive. Parabolism and volatility both supportive of fractal idea. Cheers. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:CCLShort
by Rykin_Capital
CCL ready to breakCarnival Corporation Short Term We look to Buy a break of 11.11 (stop at 10.17) A break of yesterdays high would confirm bullish momentum. Posted a Double Bottom formation. The measured move target is 14.11. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 14.11 and 16.04 Resistance: 11.00 / 14.17 / 17.20 Support: 9.50 / 8.50 / 6.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:CCLLong
by Saxo
Carnoval Corporation counting its pennies. CCLGoals 0.56, 0.49. Invalidation at 0.89. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:CCLShort
by Rykin_Capital
1