CCL trade ideas
$CCL Carnival CruiseThe price might come back down to the (POI). IF it does that would be the best possbile place to enter for long. There is huge upside potential and its better to have a better entry and exit strategy.
Weekly looks very bullishI like this setup for a 9/13. Very likely we get the 13 first, maybe on the 7/8 candle. I think it's possible to test the $40 area long term.
CCL ready to finally party this time for realOk so previously i posted how this was going to moon, i guess not so soon, BUT HOWEVER... THIS TIME IT IT A LITTLE DIFFERENT...(or not) :)
T E C H N I C A L S :
OK so to start off CCL has broken an 8 month long downtrend.
The 21 moving average is about to uppercut the 200Ma.
Volume has been higher than before.
The RSI has a little bit more to run.
F U N D A M E N T A L S :
THEy have still not: changed this company is burning a crap ton of cash
No sail order until after February 2021. (if doing options strongly advised to open another contract after this date.... just to be on the safer side of things.
My opinion:
I think we have enough momentum to break $24 and make a new peak at $33.
The only way this is invalidated is if it dumps tomorrow, which usually happens after a big pump for CCL ....
If that is the case i will be buying more at a lower price.
DO NOT TAKE THIS AS TRUTH, MARKETS ARE ALL FU**** UP, THIS IS SIMPLY WHAT I BELIEVE WILL HAPPEN IF YOU SEE SOMETHING DIFFERENT PLEASE DO FEEL FREE TO SHARE!
THANKS AND HAPPY TRADES
TLDR; CCL MOONS BECAUSE IT IS STRONG
Carnival Corp - LargoEsta empresa de cruceros fue de las grandes perdedoras durante la caída del Covid en los mercados.
Sin, embargo, con más información del precio y el contexto, parece que ese movimiento lateral que tuvo era una acumulación y el rompimiento a la alza tuvo como catalizador las noticias sobre las vacunas que han salido exitosas en sus pruebas.
Esta semana podemos ver un testeo de la zona superior del rango lateral. O una ruptura de la línea de tendencia rosa.
Es posible un gran trade con buen riesgo beneficio.
CCL LongWedge Breakout + Retest
Entry 18
Stop 14
Target 31
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Adjustment and Update SHORT!!! to sub $13 - $12My previous analysis was spot on with the Head and Shoulders .. I did that analysis prior to the formation of the right shoulder. now that I am able to see more of the formation, I am ale to re-analyze and apply more fundamentals to determine a time range and target prices range.This stock will e goin g on a downward trend for at least 2 weeks. Feel free to check out my previous chart (60 and 30).
Adjustments and update.. My previous analysis was spot on with the Head and Shoulders.. I did that analysis prior to the formation of the right shoulder. now that I am able to see more of the formation, I am ale to re-analyze and apply more fundamentals to determine a time range and target prices range.This stock will e goin g on a downward trend for at least 2 weeks. Feel free to check out my previous chart (60 and 30)
.
$CCL Head and Shoulders Caught Early Buy Oppurtunity sub 14.xxFundamental and technical analysis determines carnival is about to breakout into a downtrend.
Head and Shoulders $CCL will be sub 14.xx by next week..With fundamental analysis I have determined this is accurate but do not garuntee any of my estimations therefore I am not accountable stale for your losses but will gladly accept appreciation and a fair share of your earnings. Carnial is a sinking ship FOR NOW... Buy in Oppurtunity
Carnival Stock Analysis with Technical AnalysisBased on Technical Analysis the best option would be to hold for now, before going long.
NYSE:CCL
Fundamental Analysis
Cruise ship stocks gave back some of their recent gains on Thursday, as surging COVID-19 case counts threaten to delay the beleaguered industry's recovery. By the close of trading, shares of Carnival (NYSE:CCL) (NYSE:CUK), Royal Caribbean (NYSE:RCL), and Norwegian Cruise Line Holdings (NASDAQ:NCLH) were down 7.8%, 3.9%, and 3.4%, respectively.
Cruise ship stocks surged on Monday after Pfizer and BioNTech said their experimental coronavirus vaccine could be more than 90% effective at preventing COVID-19. A safe and highly effective vaccine would be a boon for cruise ship operators, who have suffered billions in losses with their ships stuck at port due to coronavirus-related sailing restrictions.
However, even if Pfizer and BioNTech receive regulatory approval, their vaccine may not be widely available until well into 2021. In the meantime, Carnival, Royal Caribbean, and Norwegian Cruise Line are burning through nearly $1 billion in cash per month in aggregate.
With COVID-19 case counts soaring in the U.S. and many international markets, health officials could choose to extend sailing restrictions into 2021. Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings have all raised cash to survive such a scenario, but each month that goes by eats into their cash cushions, thereby increasing the risk for investors.
CCL Short enjoy the rideFilling in the gap.. Traders got excited and ate the cake on Monday. Pfizer was not ready. Corona virus is still around and apparently news claims it will set new record for deaths and effected.. This is sad new for Carnival, if they don't recover or come up with another way to obtain business, BANKRUPTCY IS ENEVITABLE.
$CCL Carnival Cruise Bullish targets
CCL entering a level of low price resistance so the rally could continue higher.
Teh 200ma getting broken is a major boost to the Bulls.
$24.95 is first major resistance at Fibonacci .382 level in confluence with yearly candle resistance.
$28.00 is a historical pivot level to watch.
$30.00 is not out of the question in the medium term.
Careful of the dip..We are playing with the 18.86 fib level.. anticipating a dip toward red lines. Buying that dip.
CCLA lot of very expensive calls sold and even 300,000+ puts... So just watch here for a potential recovery or for CCL to shit itself🚨
