CCL to test $8 again.MACD has flipped on lower time frames and RSI isn’t looking hot either. Looks like it wants to test the bottom again.
Appreciate any input, let me know what you think.
CCL trade ideas
$CCL DOUBLE BOTTOMSPotential bullish sign. $8 support. Expect in the next couple of weeks or even months because of the coronavirus.
Long Carnival Cruise LinesSo this is another overly sold stock that cannot be burned . I have puts and longs. Of course the longs are bigger than the puts because i believe that in the longterm this will go back up. Good risk management ensures that you never lose. The only way i lose on this stock is if it goes sideways for 6 months. Otherwise id say this is a safe bet. My hope is that this can break out to the next fib level, at which i will take profits and fine tune the charts.
Trade idea - CCL cup and handle on the 2-hourWith the Saudi Public Investment Fund taking a stake in the company and the cup and handle formation on the 2-hour suggests upward momentum coming. It could be a good trading opportunity to the upside.
Disclaimer: These are amateur opinions.
#CCL ready to jumpafter the crash,I think it`d be a great buy while it`s on its daily resistance at around $8,could go all the way to $19.any thoughts?
Long position on CCL Technical indicators showing positive signs on short term buy Carnival. Bought some and will make an update when selling
Oversold, bounce incomingThere's very little room for a dump on CCL on the weekly according to RSI, price just cannot go lower. Keep an eye out on this one. I think we have found our bottom.
*Not financial advisor
CCL Investment long term At every whole number you add shares that you are comfortable trading with and hold for few years. 1:4 risk/reward ratio. You enter with a small position.
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All opinions are welcome.
BlackStock
CCL going lower??I believe that this would be a good buy LONG TERM but if you are day trading or swing trading i would consider waiting out on this one or just shorting it if the resistance is rejected.
Carnival could bounce30 March a BIG RED DIAMOND suggesting momentum.
31 March and 01 April GREEN ARROWS DOWN (RSI below 30) AND spotty Trend meter of red and green, possible suggesting OVERSOLD.
Carnival could bounce, probably depends on news
Background
05 Mar a BIG RED TRIANGLE and overlapping with 4 dots on the Trendmeter - perfect SHORT if you made it.
06 Mar, 12 Mar, 18 Mar SMALL RED DIAMONDS suggesting momentum entries but none as strong as 05 Mar
19 Mar - 26 Mar We see some exhaustion and price does sideways
carnival no brainereasy trade you will ever see
feel free to pm for any questions
in how spot this trades
