$CCL Carnival rally to continue higher
Potential target to $19.50
Indicators bullish, although reaching overbought
CCL1/N trade ideas
$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 $17. the trend might finally be up and it has not gotten shut down as quickly as it usually does so thats exciting. I shorted here as well for good measure i have too many longs stacked up at the moment. So heres is my conspiracy theory i believe insitutions are cycling profit around, the tech sector has been slowing down now its time for Hotels,airlines, and cruiselines to pump. Also this market is getting filled with retail investors and they might just fomo and buy everything up.... WE ALL MAY BE IN FOR A BIG TREAT....(or not)....
Feel free to add any other feedback or any other wacky theories!
and that is all folks!!!!
P.S happy trading
CCLInteresting stock to say the least hasn't recovered yet and most likely will. However looking from a midterm (1 week standpoint) MACD line touched, and squeeze momentum in our favor. Watching for respected support break which will lead to a surge of volume because of technical investors and maybe we can see a bull push to (optimistically) the ray drawn at high since the virus.
Remaining neutral at this time$CCL broke support on 07/30 after just reclaiming it the previous day. Will remain neutral until it trades its way out of shaded area. Needs to reclaim $14.50. One positive note, it reclaimed its 8MA today.
CCL Last Buy before New LowAll information should not be taken as call to Action, this is my personal view of market situation.
This is my new game plan for CCL . Risk around 1-1.5$, 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 so far so good, on its way to $11This is not a trading advice.
This is what I'm following.
I've entered a 5X short at $17.40. 150% profit until now.
My first target would be $11. The second one is $8.
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
CCL to $11This is not a trading advice. I'm only sharing my ideas.
I have entered a short at $17,4. 5X leverage.
My first target is $11. The second one should be $8.
Until now, I have around 140% profit.
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.
$CCL INVERTED HAMMER CANDLEliking the inverted hammer candle forming on current support line, looks like its nearing a bottom, bullish reversal pattern!!
CCL on its way to $11. This is not financial advice.
I'm shorting CCL with 5X leverage. My entry point was $17.4.
So far so good.
My first target is $11. It may bounce there.
My second target is $8. That will be a triple bottom. It should bounce hard if it reaches $8.
Only the time will tell.
I'm shorting CCL till $11. It $11 doesn't hold, we may see $8 .That's no trading advice.
I'm only sharing what I'm doing. My short entry was $17,400, 5X leverage.
The first target is $11, the second one is $8.
#CCL. Carnival — $15.13 — Upcoming Earnings Sep 29. Target: $30.#CCL. Carnival — $15.13 — Upcoming Earnings Sep 29.
Target: $30.00. 1D™. Waiting for RSI Stochastic to touch the bottom. Instrument is within the 0.(8.21) —0.2336(23.39) of the Fibonacci. Breakout -- Price Target: $30.00.
bull or bear same direction I have laid out two different scenarios that can play out. So just a little update. If you are a bull then that golden support is your last hope for an immediate pump. If you are a bear then it just might take some time to build support and it will follow a slower growth cycle. And if it doesn't hold up well i guess GG $7 here we go. Im trying to look at this realistically, the media seems to be in control when all the volatile moves are made. do not let that control your trades. There was good news that CCL will start having limited occupancy the same news that pumped it to $24 is the same news that is pumping it now. This is done this way so that people are distracted in questioning who actually pumped it and shift the blame on external factors... We should know by now that this is not the case. Do not confuse technical with Fundamentals, and always have a good risk to reward management so that you make good swing decisions.... Other than that thats it.
happy trading
$CCL Cruise lines look like Ripping today
All teh cruise lines look destined to rally today as rotation in the market takes place.
It may last 2 hours or 2 days so be careful and keep stop losses in play.
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Key level CCL is trading at a key support level ( long term).
If it bounces back and holds, then it is a clear sign to go long with a price target: 16.85 and 18.14.
If it breaks down and stays there, then the first target is: 11.51
Be careful tho, because it is almost oversold on the RSI.
