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!
CCLD trade ideas
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
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 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.
CCL long finally free at last? and "Conspiracy Hat Time"so i have cleaned up my analysis and working on getting more sniper positions accurately in the market i learned that i cannot be so quick to jump into trades because i profit equally as quick. Hopefully i can regain some of my positions that i longed at $20 and $17. the trend might finally be up and it has not gotten shut down as quickly as it usually does so thats exciting. I shorted here as well for good measure i have too many longs stacked up at the moment. So heres is my conspiracy theory i believe insitutions are cycling profit around, the tech sector has been slowing down now its time for Hotels,airlines, and cruiselines to pump. Also this market is getting filled with retail investors and they might just fomo and buy everything up.... WE ALL MAY BE IN FOR A BIG TREAT....(or not)....
Feel free to add any other feedback or any other wacky theories!
and that is all folks!!!!
P.S happy trading
CCLInteresting stock to say the least hasn't recovered yet and most likely will. However looking from a midterm (1 week standpoint) MACD line touched, and squeeze momentum in our favor. Watching for respected support break which will lead to a surge of volume because of technical investors and maybe we can see a bull push to (optimistically) the ray drawn at high since the virus.
CCL Last Buy before New LowAll information should not be taken as call to Action, this is my personal view of market situation.
This is my new game plan for CCL . Risk around 1-1.5$, profit 2.5-4.5$ (as minimum range)
Will be buying only below 12.50$.
We have 2 support levels remaining before we might visit the Lows. (11 and 10 $)
You may like or hate my views. But most important, stay calm and do not give more money to the market than You Decide !!!
Carnival Cruise Line Analysis From a Forex Traders StandpointAnalysis done on the 1 Day Chart
Due to COVID-19. Price is likely to use my trend line as somewhat of a resistance level on its way down.
BUT
Based on my stochastic it's possible to cross in the way of a BUY trend.
I'll be on look out for my trend line ( Somewhat of a resistance level. Price could break the trend line leading for price to head towards the 50 SMA.
All we can do is wait now.
CCL Long TermAs long as CCL doesn't go bankrupt which I don't think they will, they should get back to some of its higher levels. I believe we will trade in a range for a long time with ton of volatility hitting some key low levels multiple times before making a serious move up. Buy targets would be low teens and hold for at least 2 years
Shorting CCL from $17,400. I'll close 1/2 at $11 and 1/2 at $8This is no trading advice, only ideas sharing.
I've entered short at $17,400, 5X leverage.
My first target would be $11 and if it doesn't bounce, the second one is $8.
I see no reason for CCL to go up. The 29 of Sept upcoming earnings will be actually losses, like many other companies. But, they have lost a lot.
Considering the actual situation, I don't think they will be allowed to do cruises this year.
So, it can go dipper than $8.