CCL
4/21 Watchlist + Notes SPY - As mentioned on my list yesterday, I was cautiously bullish going into today due to the fact that we had a 2-2 reversal on the daily. We were not able to break highs of yesterday (Which I credit to bad ER from before the bell on big names like TSLA) and ended up opening lower on the day but fighting our way back up to fill premarket gaps before dropping back down again. Ended the day red with a failed 2D again for the 3rd failed 2 day in a row. Not really sure what to make of this as we head into Friday. We have a failed 2D which tells us we have a potential 2-2 reversal on the daily incoming if we break today's highs. We also could be targeting a 50% retrace of the previous weekly candle as we are currently in a failed 2U on the weekly. I think both upside and downside have potential for tomorrow for numerous reasons so with that all being said, I am neutral going into Friday's session. If I was truly forced to make a prediction on whether we go up or down tomorrow, I would say we have better odds of pushing to the downside. It is still nearly 50/50 in my opinion but for those of you who have experienced multiple friday sessions before, you know that anything can happen. Im open to playing both sides but I think downside does have more potential range if that is the direction we head tomorrow.
Challenge Account + Watchlist:
Value: 46.98 (No Change Today)
AAPL - 3-1 Daily (At top of potential BF so if we break to the downside that would be ideal)
UAL - 2-1 Daily
U - Broadening Formation
Main Watch:
AAPL - Really loving the potential on this play. 3-1s are always fun to play, but looking bigger than just the daily, we have a solid potential BF formed on the weekly. Looking to break to the downside tomorrow to maybe begin a downswing to the bottom of the BF.
Previous Main Watch:
CCL - Loser - broke lower on the daily and hit downside target. Wanted upside
Watchlist Stats:
3/4 SPY Predictions
1/5 Main Watch Plays
Top Winner: TSLA 15%
Personal Stats"
3/4 On the week
Overall: Heavy Green
- Swung T puts into today that ran over 600%
- Swinging ARKK puts for tomorrow and next week potentially
- Been doing 1 play a day and it has been working well
Finish the week strong everyone. Best of luck trading tomorrow!
4/20 Watchlist + NotesSPY - Went into today with a bearish bias. We opened lower than yesterday's low, but did not reach our 411 target. Instead we retraced over 50% of yesterday's range to form a failed 2D. Since we retraced over 50% we now can target Tuesday's high at 415.72. Overall I am bullish going into tomorrow, but only if we break today's high. Remember when trading with TheStrat we are playing price action, so it is important to recognize that we have a 2-2 reversal on the daily now even though both 2s are failed.
Challenge Account Update and Watchlist
Value: 46.98 (-3.02) Down about $3.00 on the day from a slow moving trade on U. Chop was not fun to sit in and I was seeing some reversal signals so we took a small L. The contract I got ended up running 50% from entry, but overall was not upset about the loss since it was pretty small. Was not able to find another trade so just stayed red on the day with the challenge account
CCL - 50% rule / BF. This is the only stock that showed up on the challenge account scanner so this will be the main watch also. Bullish because of a failed 2d daily. Looking for 9.95 Tomorrow. Need to break 9.86 tomorrow before we can target weekly highs. Could create an engulfing weekly candle if we are bullish tomorrow. Otherwise we target 9.50 to the downside
Previous Main Watch:
U - Loser - bounced off of weekly short trigger and instantly reversed. Curious to see if tomorrow holds downside for U or not
Watchlist Stats:
3/3 SPY predictions
1/4 Main Watch Plays
Top Winner: TSLA (15%)
Personal Stats:
2/3 On the week including challenge account plays
Overall Green still
- Swung puts on T (light position)
- Been a slow week it feels like with the slow moving price action
- May not trade tomorrow due to my schedule
Good luck as always. Trade Smart tomorrow.
RCL Royal Cruises LongRCL had a triple top this past winder then downtrend to the Fib 0.5 level.
On the chart, the tripe top is also resistance with sell orders blocks by the indicator.
The fib 0.5 level $ 61.27 is the support. A stop loss could be placed immediately
below that. The zero-lag MACD shows nearish divergence while the price rose into
the triple. That divergence has not yet recurred. I see this as a swing long while
RCL seeks to recover its customer base and rebuild its revenue stream.
CCL: Bullish. Long Term.Hello Traders and Investors,
CCL has finally broken out of the head and shoulder resistance after weeks of consolidating. There is also a double bottom on a monthly, suggesting the ground is pretty solid for CCL. The next major resistance dates back to 02, 08 and 09 at $16.93. This is a solid 55% gain on the stock.
Let me know what you think.
Covered call on CCL A bunch of bull candles in a row. :-) Nice bounce, nice trend. I'm in 2000 shares and I'm net positive on them. Going to sell a covered call into strength over CPI. I like this move because it gives me a WHOLE $1.20 + .15 of room and only 3 weeks with one extra day of theta next monday.
Cocoa hit our Target $26.90 next target $30.60Target reached with Cocoa at $26.90
7>21>200 MA
Still bullish
Target 2 due to an even bigger Cup and Handle sets the next price to $30.60
But with peripherals, there are a few reasons for the spike in Cocoa prices.
People are buying chocolates!
January is typically a busy month for chocolate manufacturers as they gear up for Valentine's Day, which results in increased demand for cocoa and can lead to an increase in prices.
Speculative buying:
Some investors and traders may anticipate a rise in cocoa prices and begin to buy up large quantities of cocoa futures in anticipation of a price increase. This buying activity can drive prices up.
Production forecasts
If there are forecast of lower cocoa production and if demand is strong, prices would rise as a lack of supply will cause price to increase.
Bias more on upside for CCL.CCL reached the lowest $6, cutting out all the SL based on the previous low level and rebounded above the previous support level.
This is a good sign in term of TA with China reopens borders and sales tickets increase for CCL.
Therefore, I'm bias on the upside with good risk-reward stated.
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.
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.
$NCLH CruisinShort NCLH here via some puts and planning on swinging them a bit. While I don't think the whole market is going to tank if I had to choose one stock to be short of for downside and market weakness this is it. Daily close under trendline for bear flag giving me confirmation. Closed under a heavy volume at price area. Plus no volume the past 5 days granted Thanksgiving week is low volume.
CCL Products Positional Upside IdeaAs per my analysis, best level to take upside entry on NSE:CCL is 488 with stop loss of 475 (13 Points)
Can hold long for targets of 498, 506, 515 & 526.
Note: This is my personal analysis, only for learning. Thanks.
About CCL Products (India) Limited ::::
CCL Products (India) Limited manufactures, trades in, and sells instant coffee and coffee related products in India. It offers spray dried coffee powder and agglomerated coffee, freeze dried coffee, freeze concentrate liquid coffee, roast and ground coffee, roasted coffee beans, and premix coffee. The company provides its products in various packs, such as jars, cans, pouches/sachets, big bags, bulk boxes, and drums under the Xtra, Speciale, Freeze Dried, Malgudi, and THIS brands. It also exports its products. The company was incorporated in 1961 and is based in Hyderabad, India.
Carnival Cruises - Too Big to Fail and a Generational Buy OppoCovid and the broader financial market freakout has decimated the "premier" Walmart brand of cruising. But at the same time it is essentially too big to fail. That’s why I still see it as a rebound play despite the ongoing pandemic and omicron variant.
It, along with Royal Caribbean and Norwegian Cruise Line simply define the industry. The three companies collectively account for $52.96 billion of the $53.42 billion in market capitalization within the cruise line sector.
Carnival is the largest and most important player in the industry.
IGNORE THE BEARISH TAKE AND INSTEAD BUY AND FORGET
The bear thesis against Carnival relates to the ongoing pandemic. It has been a very trying period for cruise ship operators. That long, trying journey continues. In fact, at the end of 2021 the CDC increased its travel warning for cruises to the highest level. It also issued the warning that the risk remains very high in spite of vaccination status.
The idea underpinning this argument is that cruise ship operators have had to take on increasingly massive debt loads. Yes, operating cruise ships is a capital intensive business. And yes, Carnival’s debt load has increased. As of Nov. 30 its long-term debt sat at $33 billion. That was up from $26.95 billion a year prior. So yes, it is rising, and yes, most would characterize that as a ‘massive’ debt load.
The consequences of the debt load it took on during the pandemic will be felt for several years. But at the same time, Carnival will remain the largest cruise line in the world. It isn’t dead, it isn’t going bankrupt, and no other cruise line is going to usurp its position in the industry.
But it isn’t as if Carnival is at risk of going bankrupt. At last check, it maintained $7.8 billion in liquidity. Yes, that’s less than the $9.51 billion in liquidity it reported a year earlier. Losing over $1 billion is a big loss, but considering their operations have been shuttered almost entirely, it’s impressive they still have that much.
In other words, Carnival is still the biggest cruise ship operator on the planet, and that means its still a rebound and reopening play.
Dare I say, this generational buy opportunity in this current era of inflation and despair may prove to be the best investment I have made since Bitcoin back in ~2013
That is NOT to say it WONT go lower in the short term, in fact RH finally allows for limit orders and I have more set down to $4.
But this is a definite buy and forget.
CCL, good newsGood part of the day, Tradingview community. Today I would like to present my view on Carnival Corporation. Cruise transportation shares are right now at the minimums as RSI monthly chart showing to us. Almost in weekly chart you can see that price action is forming head & shoulders pattern. Good luck in trades, buddy.
Disclaimer: It is not a financial advise and do your own research.
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.
CCL - Long PositionWhat we see in the chart is a clear ascending triangle formation. The price will probably break out and move to the resistance line.
The entry is at the breakout of the triangle if accompanied with the volume surge. The target is shown in the chart.
With regards to the earnings announcement we believe it won´t have a significant impact because it´s already priced in.
Goodluck
CCLHELLO GUYS THIS MY IDEA 💡ABOUT CCL is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢