CCL1/N trade ideas
CCL going lower??I believe that this would be a good buy LONG TERM but if you are day trading or swing trading i would consider waiting out on this one or just shorting it if the resistance is rejected.
Carnival could bounce30 March a BIG RED DIAMOND suggesting momentum.
31 March and 01 April GREEN ARROWS DOWN (RSI below 30) AND spotty Trend meter of red and green, possible suggesting OVERSOLD.
Carnival could bounce, probably depends on news
Background
05 Mar a BIG RED TRIANGLE and overlapping with 4 dots on the Trendmeter - perfect SHORT if you made it.
06 Mar, 12 Mar, 18 Mar SMALL RED DIAMONDS suggesting momentum entries but none as strong as 05 Mar
19 Mar - 26 Mar We see some exhaustion and price does sideways
carnival no brainereasy trade you will ever see
feel free to pm for any questions
in how spot this trades
Is Carnival Cruise Lines headed straight to Davy Jones' locker?Massive divergence of the 50MA and 200MA displays a beautiful death cross in action and the MACD is converging with signal for a downtrend on the daily chart. With earnings tomorrow morning and all the negative news around COVID-19, this one's a no brainier. If the current support breaks then Carnival may go sub $1.
CCL SnapbackCCL has recently tried to retest its lows, but reversed showing a higher low. This looks like the beginning of a correction Elliot wave pattern. It looks like we are beginning the final leg of the correction pattern. IF we break the $18 range, then we can see upside to $24
Stay AwayEconomic Depression = less money = less vacation
Pandemic = More restrictions on entry into different countries = less traveling
Cruise ship companies get no bailout unless they register their companies in the US. The cruise ship companies are not registered in the US due to tax reason.
CCL Round DownCCL had a strong run up in the past 5 days, gaining 100%. It has now ran into its closest moving average and couldn't break it, and showing a strong down day. This is a signal we're heading back to the lows and may retest them.
$CCL Bounces With a Full Crew of Shorts on BoardCCL conjures up two key levels as we look at this bounce: if gets through $20, watch out for $30. The short interest here has to be quite crowded. But that's the case for a reason.
Forming a nice bear flagHi guys,
I have been following CCL closely. I purchased some at 9.15, and some at 10.15, and sold around $14. They were some nice gains, however I don't like several upcoming events which will more than likely cause markets to plummet again. I believe this bounce is similar to the first big drop in 2008. We popped up, then went back down even harder. At least in the near future. So for now, I am looking for a short position on CCL, waiting for it to break down out of the flag. I would keep very tight stops in these treacherous waters. Happy trading! May your losses be tiny and your winners be large.
- Matt
Carnival has submerged and hit BOTTOM?! - Buying CallsDocumenting what I suspect is support for the legendary cruise line Carnival. All cruise lines have been dropping fast.
I noticed that overall the #ES is showing signs of slowing and I am anticipating a lot of buying volume as the news of Corona Virus is getting older.
I have a March 20 $20 Call for $.30 bought.
Also, buying April 17 $30 Call for $.25.
I will cut losses quick if price breaks current lows.
Going down another 40% from here IMOGoing to test the long term trend. Could reach $10 or below before major bounce.
