CCL Correction4h:
- Bearish divergences on MACD, DiNapoli STOCH and RSI
D:
- MACD crossunder imminent
- RSI and DiNapoli STOCH looking weak
Overall market is in a small correction with potential for a bigger one.
CCL trade ideas
Time to SELL Cruise Lines? CCL, RCL, NCLHThe meme stocks ( NYSE:CCL , NYSE:RCL , NYSE:NCLH ) in Cruise Lines have finally recovered but are they now a SELL? These stocks are coming up to a key Ichimoku Cloud Resistance level that traders and investors should pay attention!
CCL: Buy, sell, hold or wait? A Triple Time Frame Analysis.Hello traders and investors! For the first time, I’ll do a public analysis on CCL. This stock is starting to get very popular (the 8th most active stock in the US today), so, let’s talk about it, and do a complete Multi Time Frame Analysis (MTFA) by looking the hourly, daily and weekly charts, and in the end, we’ll see if CCL is a buy or not.
First, in the 1h chart we have a breakout from the previous resistance level at $ 28.19 (green line), and the trend is still clearly bullish. At any moment CCL did lower lows, although it did a quick congestion last week, with no new highs.
Maybe we had something like a Cup and Handle , and if that’s the case, more upside will come.
But now, the 21 ema is pointing back up, and it is defeating the previous resistance. Now, let’s see the daily chart:
The volume increased a lot during the last bullish leg, which is a true sign of buy force. We could see a pullback to the 21 ema or to the green line at $ 24.38 and this wouldn’t ruin the bull trend, and only then we could see an opportunity to buy.
What’s more, CCL did an Inverted Head and Shoulders chart pattern, which is interesting to notice. Now, let’s see the weekly chart:
The trend is very strong here, and the $ 25.01 could work as a support level in the weekly chart. If you are looking for swing or position trade, this is the point where you should buy.
But now it feels like it is a little late to buy. For instance, I gave a call to the members of our community in my weekly newsletter a buy call when it did the “ Gift ” pattern seen in the chart. That was a good point to buy. Now it is going up almost 40% since then, so keep in mind that if you want to buy it, you may buy from those who want to book their profits and re-buy near a support level.
Now it is not the time to buy, neither to short, but to manage positions, and if you are out, just wait for a better opportunity and never buy near top levels . So far, there is no sell signal in CCL, so if you are in, you may just hold it.
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$CCL- Carnival Corporation - Top Daily Gainer (Pennant & Wedge)3/2/21
$CCL - Carnival Corporation - 4.865% Gainer
Catalysts:
1. Macquarie analyst Paul Golding upgraded Carnival Corporation (NYSE: CCL) from Neutral to Outperform, PT $31.00.
2. Carnival's (CCL) Holland America Line Opens Booking on 2022-23 Cruises That Visit Exotic Locales, Ancient Cultures and Untouched Wonderlands
-I'm going to be taking a look at some of the top daily gainers (may throw in some losers occasionally) of the day on their daily charts and posting them here throughout March. This is not advice. Just analyzing price action and patterns.
-I will try to vary the catalysts (analyst upgrades, earnings, clinical trial results, etc.) for the stock moving (if any) and the sector that the stocks are in.
-You'll notice I try to keep my charts as simple as possible. Black background and no grid. I will be focusing solely on price action, patterns, and support and resistance levels.
No moving averages, MACD, volume profiles, Bollinger bands, etc.
Please feel free to comment or leave suggestions. I am always looking to improve. Thanks.
CCL / WYCKOFF ACCUMALTION CHART / OPINIONThis my Opinion about CCL / look like the end of ACCUMULATION.
www.newtraderu.com
CCL may test 22$ before targeting 40$CCL goes upside since some days, but may test the 22$ again as a resitance area, before going up 40$ again.
If you not already invested, this could be a good buying area in about 1 week.
CCL Broke Key ResistanceWith JNJ news, vaccine giving hope to investors, and another round of stimulus on the way, cyclical travel stocks like CCL should regain strength and continue forward. With good news, and the recent market sell-off due to bond yields, CCL and other value stocks saw a push. We're expecting this to continue, especially with the arise of a new cruise line from the company. The stock also broke a key resistance level from the June run up, at 25. This level held and the stock topped at 28s before falling back to 25 and bouncing - proving that the resistance level has now become a support level. This trend should continue, as there is nothing stopping the stock from moving back up to it's previous highs since this strong supply level was cleared.
Entry at 25-26, PT1 33, PT2 43-45, PT3 (EOY) ATH, SL Below 25
CCL: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
200MA ascending
Cons:
250RSI below 50
Target:
PT = 37.80$
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Price may continue to march toward 10days MA28-02-2021
Heading towards 100days MA at around $29
Travel stocks is going to boom once economy reopen.
Not to surprise if CCL revisit $22.
$18 is well supported
ccl ideai think this name needs a close above 26.20 on the 4 hr, bearish below, i think it looks bearish
$CCL – The Coming Inflection$CCL
Conflicted. Seems that we will know direction once we reach the previous high. The smaller bull flag, C/H and vol profile, the technicals/oscillators and new support at the EMA favor a breakout – but if it doesn’t form a reversal of the larger pattern it seems like a break down into a bear flag is forming...?
Let’s find out!
“I’m not an expert but I have watched a lot of youtube videos.”
NYSE:CCL
CCL going up for precovid levels?Ma cross at bullish way, but RSI is 75.
I'm waiting for 24.5-25 to take long position.
Idea for 2-4 months.
What you think about it?
Its not to late to go in CCLCCL and tourism are the loosers of 2020. They may now have da chance to go up again till ca. 19$
CCL Swing PlayCCL is up on nice volume. Its next resistance has a good profit margin. Here is my swing play idea:
Entry Price: 25.28
Target: 39.72
Stoploss: 22.85
Set sail for Financial Freedom ($CCL)Our ship has departed on a long term cruise towards financial freedom.
This is a long term play. Relax in the lounge. I hope you bought a drink package.
CCL Gap Fill ReversalCCL has filled the gap in its chart that was developed in March 2020. Now that this gap has been filled, while also being overextended to the upside, I can see a reversal coming back to the downside to nearby support around the 25 area.
Breakout long in CCLCarnival Cruise Lines, along with the other major cruise carriers, fell sharply during the COVID selloff for obvious reasons.
CCL has been consolidating for almost a year to create a new price acceptance zone.
But the stock is now breaking out on high volume.
Look for a continuation higher on sustained volume as it enters price discovery mode toward higher prices.
