CCL trade ideas
CCL : what I bought todayNYSE:CCL is forming a cup pattern with 49.5% deep. And another strong point is that this industry is behaving contrary to the entire market in last three days.
Reverse Head-and-Shoulder Pattern Breakout1. Classic Reverse Head-and-Shoulder Pattern breakout
2. Outstanding Volume
3. Cruises breaking out together: CCL, RCL, NCLH +5%
4. Initial upside target 25
5. Sell-stop 15.5
Inverse H&SCCL breaking out w/ room to run from bottom of intermediate trend channel. intermediate up/ primary down trend still intact.
$CCL - Looks interesting (Same as $BA $AAL)Important support near area of 14.3 14.26
Not for any advise
Just an Idea,
UPDATE: CCL OCTOBER 16TH 17.5 COVERED CALL... with a cost basis of 23.98.
Notes: A continuation of a cruise lines trade I may have put on just a touch too early. (See Post Below).
Just doing some housekeeping here by moving some of my poo piles to the top of the ideas queue, so that I don't have to scroll through the entirety of my ideas to find them.
$CCL Carnival Corp Bullish Inverse H&S
Potential Inverse H&S forming, will look for surge in volume
upon breakout above neckline.
Upside Targets $17.56-$18.16 to Fibonacci retrace levels.
Volume resistance declines greatly and set up a potential run to $19-$20 as
long as the market rotation continues.
Previous rallies have been short lived so take care with increased exposure.
CCL Rebound Wave + Bollinger SqueezeCCL has formed a perfect downtrending elliott wave pattern. It has since been forming a correction wave pattern, forming higher lows. With the volume today and the bollinger bands beings as tight as they are, this is looking it will push up to the 17.5 area.
finally broke a big downwards trendline - Long itThis time it has to be it, i know this sector is slowly dying and boring but you have to be able to see the movement that is about to take place, my bets are all in on this one it has held the daily pretty well, and does not seem like its quick to die. Lets see how this plays out.
Once they can get over that golden support its highly likley that we pump, but lets not get to excited lets see if we can get another 10% day gain. If we go below $15.83......
GG guys its been real knowing everyone here.
But i wont lose this one... mark my words...
I refuse to die here, and i know the whales that bought at $13 refuse to die as well.
Lets pump this sh!t
Goodluck everyone!
CCL DAily long 13.7-13.25CCL DAily long 13.7-13.25
Pro:
1. 2 exciting candles in Location zone (daily)
con:
1. only one exciting candle in execution zone(15 min) so confirmation entry
ABC BulishPossible stop under 12.8
T2: 31 36
Targets 2 are usually not reached until after targets one, then a substantial pull back occurs. They may never be reached at all depending on market conditions, overbought, news earnings etc. I always shoot for targets one then re-evaluate.
Good idea to look back. Has the stock been in a long term uptrend on 20 year monthly? If so, chances are it will resume it's uptrend
Not a recommendation
The farther you can look back, the further you can see forward
$CclBeen charting this for a few days, would like to see this reclaim wedge and form an inverse head and shoulders to break upward
Not so fun at all We already know the reason behind the plummet. Carnival cruises are projected to restart in November or December. The earnings that are coming up on September 29, (next month) following analyst call. I expect a rebound in a few months. This company will bounce back with the restrictions of course! I don’t think that this stock will go to April’s lows of 2020. I would like to see this back up to $25 and review it. neeeds to get out of this
$CCL Carnival rally to continue higher
Potential target to $19.50
Indicators bullish, although reaching overbought
$CCL breaks months-long flag and is cruising for a ~50% moveThe break of the flag which was followed up with a near perfect bounce off a retest of structure. Went long after it was noticed that this move coincided with significant dark pool buying activity and unusual options activity on August 6 and 7.
In the short-term, looking to target $17-$17.50 in the next few days to take most profits off and then add back in during a pull back. Long-term will look to take profit around $20.
