Analyzing the options chain and the chart patterns of CUK Carnival Corporation prior to the earnings report this week, I would consider purchasing the 10usd strike price in the money Calls with an expiration date of 2023-10-20, for a premium of approximately $2.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
CUK I expect to make one more move up into this apparent down channel From there downsides can be expected, as this channel will be continued (red) Overall trend is bearish
Wyckoff schematics come in many different forms but originate from a basis of 3 other schematics: distribution, accumulation, and reaccumulation. Reaccumulation patterns consist of many creeks and channels. As you may see here, the minor creek has been broken with a lot of volume. Then, after a big jump--wide spread and high volume-- we saw another break of the...