Long Term Support Trend Lineb - Retest High in AugustSo CCL has had a drop down with all the bad news this past week. First Norweigan said they would not sail until October (which brought down CCL, NCLH and RCL), then CCL posted higher losses this quarter and finally the overall cruise association said no North American cruises until September 15. So with all this bad news in one week where does this put CCL, well the good news is there is a support trend line, and if it holds we can retest the recent highs in about two months. Longby arvindparsanPublished 4
Carnival Cruise Lines Not ready to party just yet- LONGSo i havnt posted in a while. I been greedy and milking the market by myself, but anyways.... This looks like a big mess, but i promise..... IT IS!!!!!! So in terms of price action CCL is finding a support floor to make its next jump should we break the trendline on the bottom limit then this will die. However i have a strong belief that this is bouncing and should this go any lower to the likes of $16 i will add more to my position. Im in a long term longLongby Eternal_SalsaPublished 229
CCL in Wave4, Be careful !All information should not be taken as call to Action, this is my personal view of market situation. Rule of thumb "Never trade in wave4". Now it is exactly that situation when you look at chart and do not see good entry for long or short. Volatility increased and hunt after our stops begun. Why Wave 4 ?! If you look at Sub-wave A there is only 3 waves, and this only allowed in (complex)correction. Big move(52->8$) = Always Wave3 of some timeframe. Previously i was looking for short in 20-22 area, but we actually overshoot that upto 26$. That made Wave C 1.62 to A , what is according to rules. But from my observations in stocks, waves tend to like Fib ratio of 2 as well. And if we look at chart now Fib2 will bring us to 29$ and this area corresponds to Fib Retracement of 0.5(52$) or 0.62(44$) depends how you calculate. So my plan is to sit and wait for price to break below 16.50$( scenario 1 ), where i will start shorting on lower(1m,5m) timeframes as daytrader OR Break upper resistance of 26$ and come to 29-31$ where we may look for good shorting opportunity. But overall sentiment is still that we on vacation season where institutional traders enjoy their summer vacation and overall economical situation is not good. You may like or hate my views. But most important, stay calm and do not give more money to the market than You Decide !!!by VikontTradeUpdated 3
Could be seeing short term gains in CCL, regression projectionWatch for support and resistance levels. The regression level suggests a general market uptrend. Cruise ports reopening in the future will eventually raise stock anyway if it does not go bankrupt. Watch for a trend reversal at support to see if you should sell there to avoid this. CCL has survived many recessions prior.Longby dorywePublished 6
CCL Swing Trade for Monday 6/15Bullish breakout stop limit at 20.33, stop loss exit at 18.35. Based on the hammer candle from June 12th. Longby LiathetraderPublished 3
CCL Gap Fill ReversalCCL has had a prior gap in its daily chart. It has recently filled that gap by 100%, which now willl be looking for it to reverse back to the upside to the $21 rangeLongby BBTrader29Published 10
Will the blue rail hold?may be not is my opinion... Follow Follow Follow Shortby BlockchainYahooPublished 5
CCL! Ascending Triangle! CCL! CCL! STOCK My Thoughts: Bullish Current Price: 23.03 Divergence: Weekly Bullish Divergence Daily Pattern: Ascending Triangle Possible Pattern: Daily Ascending Triangle Weekly Pattern: Falling Trendline Resistance Current Resistance: 24.62 Current Support: 21.32 Targets are take profit areas for me! 1) 24.62 2) 26.52 3) 31.03 4) 33.16 5) 38.30 6) 44.45 7) 47.43 8) 53.02 9) 59.25 10) 72.23 Level of Supports 1) 21.32 2) 18.08 Trend Support 3) 16.06 Major Support Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.Longby DJ123Published 8
CCL Long Idea - Recovery PlayLogic: a close above 50D EMA a positive, suggests intermediate trend pointing higher. Entry: €17.00 Stop: €10.85 (consider to close immediately in case of negative corona news) Risk: -23.53% Target: initial €24.75 gap close, mid €30's realistic longer term. Gain: 45.59% in 76.74% in second scenario. Note: Longer term speculative idea; Carnival significantly discounted with strong upside potential upon economic recovery and positive coronavirus-related news. FYI: bit.lyLongby TrendBridgeUpdated 0
CCL. What happens nextAny thoughts on where this might be heading next. Up 15% today and another 6% after hours.Longby keith66Published 4
Growth Cap?Unsure about the growth of carnival, dividends are high so I will keep for that but may sell some at around $40 a shareby FramedLuxuryPublished 446
gap is going to close soonwill see if it still has the propellers to go up...or will it sink Follow Followby BlockchainYahooPublished 4
CARNIVAL CRUISE LINE ($CCL) 🔱 | Is CCL Ready to Set Sail Again?🚢 The Cruise line industry seems to be on the rebound in terms of business, and many stocks once beaten down by COVID seem to be on the up-and-up as well. Given that, it isn't surprising to see Carnival Cruise Line's stock breaking out of the COVID bear and into a bullish uptrend. Despite some concerns that it might be too early to book a ride on the bull cruise, for example, due to the reality that cruise ships need permission from port authorities they don't necessarily have yet, we still think there is logic in riding the waves here. Let's look for a long setup. Resources: www.fastcompany.com + www.benzinga.com + www.telegraph.co.uk 💹 Drop a comment asking for an update, we do NEW setups every day 💹 Like & Follow to help the community grow! 🐣 --- 1. Find the trend. - Fractal Trend is showing a newly formed uptrend (Navy colored bars) on the 1-hour timeframe. 2. Confirm the strategy. - With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Navy colored lines) and/or bullish S/R levels plotted by Directional Bias (Navy colored lines). 3. Find an entry at support. - Our entry is the S1 bullish orderblock and S/R flip range. The idea here is that if we pull back before we fill the gap above, this level is the most logical to pullback to while still retaining bullish momentum. 4. Find an exit and set a stop to ensure a solid R:R. - The target for this trade is the R1 bearish orderblock above the gap. Meanwhile, our stop is placed below S1. 5. Determine other levels of interest for future reflection and consideration. - Other levels of interest include the S2 orderblock which is also a major price pivot point and expected support come a retest, and the R2 bearish S/R flip as resistance. A break below S2 would end any bullish bias on CCL, while a break above R2 would show continued bullish momentum. Overall we think CCL has more room to run. We have determined our long setup to have a high probability of working if we do get the pullback, although, with the way this market has been moving, that is a big "if." Good luck everyone!by AlphaBotSystemUpdated 6615
CCL For the BULLS Probabilitythis could be a probability for the Bulls... Follow Follow FollowLongby BlockchainYahooPublished 5
nice long position idea to double your investmentCCL stock passing by a major turning point. There is high potential that it hits the $40 a share in the next days.Longby FSxTraderPublished 3