CARNIVAL CORPprice moving up for wave 3 after wave 2 retrace to 88.6% level of the fibonacci. i expect extension 127% as the target for the wave 3Longby PAFGPublished 220
Bull FlagCCL is also trading in a cup and handle pattern. The Bull flag break out, if it occurs, could possible put CCL in a position to break from cup and handle pattern with long entry at 25.40. Bull flags form after a move up and preferably in an uptrend. Bear flags form after a move down. There should be an increase in volume when the flag breaks long entry level. Bull flags appear as small rectangles often tilt downward. A flag can have a flatter base as well. A flag should be less than 3 weeks in formation (not counting the flag pole which usually forms over several days. As a rule, tight flags without a lot of space between candles, perform better than loose flags that have a lot of space between candles. A long pole if preferable to a short pole as targets are calculated using the pole. So a flag sitting high in a tight formation can be a good bull flag to trade. Not a recommendation Longby lauraleaPublished 4
2020 Bloopers CCL, MRO, NCLH, OXY, SABR, COTY & HTZ2020 Bloopers CCL, MRO, NCLH, OXY, SABR, COTY & HTZ Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel www.tradingview.com by Options360Published 222
$CCL Carnival - potential Bull-flag Breakout Potential Bull-Flag rally setting up. Alert set for break above the 20ma @ $21.61 Target price $23.19 - Hourly Horizontal resistance $24.67 dead cat bounce Fibonacci level.Longby BullishchartsPublished 2227
$CCL - Ride the Vaccine$CCL is forming its 12345. Uptrend strong for early new year January going Feb. Target of $32Longby zunamiwaveUpdated 555
carnival corp update break of market structure and i expect a little retracement back to 17 or 16 price level before another impulsive move to the upside to continue with the trend Longby PAFGPublished 2
High Reward - Buy & Hold Good day traders, Carnival was one of the worst performing stocks in 2020 obviously because of the pandemic and its implications on their business. The price action recently shows signs of strength with immediate resistance around $25. There are two ways to trade Carnival; 1st way is to buy after clear breakout of the resistance at $25 and closing above it on the daily timeframe, or alternatively buy current market price or bit lower and hold for the breakout which will most likely happen sooner than later. I have outlined the buying zone and targets in the chart for ease of reference. I expect this company along with similar nature businesses to outperform technology stocks in 2021 as the world open up. If you have any questions, please feel free to comment and hit like if you like this idea. Good luck! Longby ZaitermoUpdated 339
Cup and HandleThat last number should read 35.5 Intra-year cup and handle pattern..keeping mind this stock has fallen a long way so there will be a lot of resistance overhead. Yearly high is 51.94. Mid cup is 18.70. Folks usually place a stop somewhere below the HL or MC. When a stock has fallen this far, it can be a downright battle to get back up to former levels. There are still folks possible "stuck" overhead and holding this at much higher levels who are just waiting to unload this, which may affect rallies upward for a while to come. It is not easy to get off the bottom sometimes..)o: This is why some folks only buy over all resistance at the top. I have thought about this, and eventually everything comes down, or pulls back. So then resistance is created. Finding the top can be just as hard as finding the bottom..lol. All we can do is make an educated guess. A chart is just an xray of supply and demand. Not a recommendationLongby lauraleaPublished 334
CCL TO 25 this thing is moving slow, the market is at ATH. So if a selloff, CCL can retreat to the support line. So maybe 25 around Xmas ? lolby wuweiparisUpdated 3
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.by NaughtyPinesPublished 224
CCLGreat company to invest in, probably we are heading lower for a monthly divergence as the current wave is not impulse it looks like an ABC correction in the up side, Shortby saamqUpdated 442
Carnival Stock Forecastccl - Carnival NYSE:CCL The idea is to hold and go long only if the resistance level 25 USD will be brokenby MaurielloPublished 4
the issue with cruise lines including NCLH is....They were bearish before covid..Upside is limited in the near term and algos are predicting and future correction around 3Q 2021. Why? i dont know.by chefdrewmemPublished 440
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 3.65Longby DmitryZZZPublished 440
CCL - a little insight?So im gonna keep these short i suppose, so there are three trend lines that the price action of CCL have followed strongly as you can see on my previous ideas. We have the upper range called the STRONK resistance, which is so close to being broken the immediate support which was working for a bit, until it turned into resistance and then we have the lower support... So what does this tell us.... well nothing of course..jk It gives you an idea of where the price action could potentially so, similarly to using moving averages. i have nothing against moving averages, i like to use trendlines until they dont work.... I hope you enjoyed the TA.... Longby Eternal_SalsaPublished 111
CCLThe weekly Trend line has broken after 4 interaction and is on it's pullback, After completing the pullback I expect a Rise wave for at least 10 % for short termShortby Don_ErmiyaPublished 110
CCL Watch for 21/22 line of resistance, soon support. The chart shows obviously if we have patience, CCL is uptrend heading to 25 and 29. And the big volume is there. The question is when? But it has to overcome 22 line of resistance first, and if nothing goes wrong, with the world or the management, inshala it goes up and no sells because it is a risky business right now... So be patient. It could be next month or next week. Longby wuweiparisUpdated 225