CCL Swing PlayCCL is up on nice volume. Its next resistance has a good profit margin. Here is my swing play idea:
Entry Price: 25.28
Target: 39.72
Stoploss: 22.85
CCL
Breakout long in CCLCarnival Cruise Lines, along with the other major cruise carriers, fell sharply during the COVID selloff for obvious reasons.
CCL has been consolidating for almost a year to create a new price acceptance zone.
But the stock is now breaking out on high volume.
Look for a continuation higher on sustained volume as it enters price discovery mode toward higher prices.
CCL LongCCL @ 24.60 48 shares
Stop is set to 21.75.
Target is 27.35.
I will move my stop and double down at 27.35 and pyramid into my trade adding 48 more shares with the same stop target at 29.99 or higher I will sell part of my trade.
Trend following trade. I want to practice holding long and being patient.
Target exit is 2 months.
CCL possible breakout? Lets seeCCL could break out here to 26 and fill the gap that it failed to fill earlier in 2020.
However, it clearly rejected the gap fill on Friday. Time will tell what happens here. If we don't see a breakout next week this is a short to support.
Calls on CCLI like the pullback this morning on CCL to do an Ichimoku cloud pullback. Looking at the April 22.5 Calls.
NCLH is primed... $38+ incomingSimilar to my post in $CCL... Giant Cup & Handle, Bull Flag, Inverse H&S, overall bullish momentum in economy stocks... cruises are the last to ride, but we can still catch it.
Has a chance to fill the gap to $48+ by summer. Entered in $23s.
It is written - CCL to $31+Draw whatever targets you prefer. Cup & Handle, Bull Flag,Inverse H&S, you name it. Excited on this one, entered in 21s.
All else aside, people want to cruise. Combine business fundamentals with technicals (including CCL $8B+ in cash as of 9/30/20) this could be a home run.
Carnival Cruise Line - "Megaphones"Currently, I'm still looking for the best price to enter a long-term investment. The technical analysis gives a hint that it possible for CCL to recover. We can see a potential Golden cross on the daily time-frame and a Broadening Wedge Patterns or "Megaphones" on the weekly.
Sooner or later, the business and tourism will be back to normal. Carnival will be on my watchlist for a long-term investment.
Here's below the "Megaphones"
Catalyst:
- Golden Cross
- Megaphones
$CCL 4h Swing #UOACurrent Swing on CCL 25C 2/19. Entered with 20 calls with a great entry and trimmed 10 calls with around a 30 percent and each contract. I will cut contracts if we drop below 19 and may average down with more contracts with a closer strike if buyers step in
$CCL Few will understandFEW WILL UNDERSTAND!!!! Watch this play out. Gray boxes are load up zones once broken. And IT HIT BOTTOM!! counter trade me if you think otherwise.
Carnival plc. The Sweet Buy Opportunity you Should not Miss Carnival plc has been in a pull back. The pull back is over, now it's herding north. Keep an eye for any update. Thank you for the support.
CCL Wave 5Surprisingly Carnival Cruise popped up on my scanner and has a good Elliott Wave count. The ABC correction is following parallel channel and demand zone lines up with the mid-line of the parallel channel. Wave 2 and Wave 4 are alternating and the 0.382 lines up with the demand zone. Looking for a play after earnings report this week.
THE WEEK AHEAD: FDX, LEN, MU, CCL EARNINGS; XOP/XLE, IWM/RUTEARNINGS ANNOUNCEMENT-RELATED VOLATILITY CONTRACTION PLAYS (IN ORDER OF ANNOUNCEMENT):
Here are the options-liquid underlyings announcing next week that I've culled down to 30-day >50% as candidates for volatility contraction plays:
LEN (21/49/11.6%),* announcing Wednesday after market close
MU (24/52/12.2%), announcing Wednesday (no time specified)
FDX (29/53/11.9%), announcing Thursday after market close
CCL (27/91/21.1%), announcing Friday (no time specified)
Pictured here is a January 15th 17.5/27.5 short strangle in CCL which announces Friday, paying 1.36 as of Friday close with delta/theta of -4.86/4.84 with break evens wide of 2 times the expected move on the call side, and between the 1 and 2 x on the put. Although no time is currently specified, it is likely to announce before market open (because who, like, announces after Friday close?), so would look to put on a play in the waning hours of Thursday's session if you want to take advantage of Friday's post-announcement volatility contraction.
EXCHANGE-TRADED FUNDS RANKED BY BANG FOR YOUR BUCK:
XOP (21/60/16.3%)**
GDXJ (15/44/12.9%)
XLE (30/45/12.5%)
KRE 924/41/11.1%)
SLV (25/40/11.2%)
GDX (16/38/10.7%)
EWZ (15/39/10.6%)
XBI (24/38/10.0%)
BROAD MARKET EXCHANGE-TRADED FUNDS:
IWM (25/30/7.8%)
QQQ (23/30/7.6%)
DIA (16/23/6.0%)
SPY (16/23/5.6%)
EFA (20/24/5.1%)
TREASURY/BOND FUNDS:
Adding a little bond/treasury section to here since I occasionally park what would otherwise be idle cash in short puts (See Post Below).
TLT (11/15/3.99%) (1.609% yield)
HYG (11/11/2.41%) (4.917% yield)
EMB (5/9/--)*** (4.024% yield)
AGG (29/8/--)*** (2.252% yield)
* -- The first metric is the implied volatility rank or percentile (i.e., where 30-day implied is relative to where it's been over the last 52 weeks); the second, 30-day implied volatility; and the third, what the January 15th at-the-money short straddle is paying as a function of stock price.
** -- Here, I'm using the short straddle price nearest 45 days until expiry to calculate the "bang for your buck" percentage, which would be the January 29th weekly.
*** -- EMB and AGG don't have weeklies nearest 45 days.
Carnival Stock Forecastccl - Carnival NYSE:CCL
The idea is to hold and go long only if the resistance level 25 USD will be broken
Carnival Corp w49 2020. Long from 17-19 TP 30Monthly
Downtrend reversal
Weekly
Restoration like aviation industry
Daily
Open 17.82
SL 14.5
TP 30
RR 3.65
Carnival Corp - LargoEsta empresa de cruceros fue de las grandes perdedoras durante la caída del Covid en los mercados.
Sin, embargo, con más información del precio y el contexto, parece que ese movimiento lateral que tuvo era una acumulación y el rompimiento a la alza tuvo como catalizador las noticias sobre las vacunas que han salido exitosas en sus pruebas.
Esta semana podemos ver un testeo de la zona superior del rango lateral. O una ruptura de la línea de tendencia rosa.
Es posible un gran trade con buen riesgo beneficio.
LONG LYFT POTENTIAL 30% UPSIDELYFT starting to move after a POST IPO dump.
Looks good on the long side taking into consideration UBERs recent move above its IPO level.
Entering the Food business, I believe further government regualtion will be good for the stock.
Potential double bottom, trade into $50 resistance level.
Royal Caribbean Stock Analysis - RCL stock forecast todaThe Idea is to hold - refer to NYSE:CCL Technical Analysis
