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CVC1 trade ideas

CCL: Near a resistance! How to proceed?Hello traders and investors! Let’s see how CCL is doing today! It’s been a while since my last study on it, so let’s see if it behaved according to the technique. First, since our last study, CCL hit our buy zone around the $ 24 two more times, and it did hit the $ 30 afterwards both times . If you missed my last CCL analysis, the link to it is below, as usual. Now that CCL is near its resistance again, all we can assume is that it’ll do a pullback next , and that would be great, as it could offer another chance for those who missed the last buy points. So, no need to panic if it drops. Since the beginning, this last bullish leg wasn’t convincing to me, as its volume was way too low. But we still have a V-shape pattern, and now that CCL reached the resistance at $ 30 again, it is doing a Shooting Star candlestick pattern, with high volume. This indicates that we could see a pullback ahead, if it triggers this pattern, of course. But again, a pullback would be an opportunity to buy, as CCL is clearly in a bull trend in the weekly chart too. The blue line at $ 25 is a nice point to keep our eyes open as well. And as we all know, we must buy when we are near support levels - not when we are near resistance levels, which is the perfect time to sell. Last week’s volume was very low, even considering it was a shorter week than usual. Let’s see how CCL will play next, and if you liked this idea, I invite you to follow me to keep in touch with my daily updates. And please, support this idea if you liked it! Thank you very much!
NYSE:CCL
by Nathan_The_Finance_Hydra
3
This looks badThe Carnival Corp. is in the focus of many investors and traders. This can be seen in the significant increase in volume since 2020. The idea of the most behind it, is very simple. The stock was significantly punished by the Covid 19 pandemic and "must" rise again when Corona is over. Basically not a bad idea... BUT... Investors should rethink their idea, because nobody expected it to take so long to fight the virus. Although it is foreseeable that the virus will be less present, this does not immediately mean that the "ships will resume full speed". If you also look at the chart from the perspective of technical analysis, it becomes clear that the rise in 2020 is only a correction of the downward movement. It also shows that Carnival Corp. was already in a downward trend before Corona. Investors should therefore pay attention. For me, this stock is only an alternative again if there is a clear rise with massive volume and at the same time a breakout out of the channel. Going by volume, the market considers the stock to be fairly valued at around $15. CAUTION!
NYSE:CCL
by Ichimoku-Trading
$CCL- To $40 or back to $18?Carnival Cruise Lines shares have seen pretty steady growth after crashing in March of last year. this growth could soon come to an end. Shares recently touched very important fib resistance and saw a small pullback since. Either this pullback takes us back to the $18 zone, or we break this resistance level and it becomes new support. Personally, I think the resistance will hold, what with rising worries about COVID-19 variants and upcoming earnings. However, there is the possibility that we see the $40 zone within the next two months. Leave a like and comment your thoughts :) Good Luck!
NYSE:CCL
by Investor4321
1
Where CCL will be when the dust settles. I've heard that CCL will hit a short term wall... Yes, it seems like it has hit that wall. The question is will it bust through? Most other stocks have recovered to pre-covid levels except the cruise lines. There are some obvious reasons to be concerned, especially if we see another spike that prohibits travel and leisure this summer. However the way things are looking, it seems that is not going to occur. In my opinion looking at a longer term trajectory, CCL should be trading between 40 and 60 per share. They have been able to use this time to make their industry more lean, and they will use that to their advantage as they recover.
NYSE:CCLLong
by seanreynoldscs
2