CCL trade ideas
CCL WEEKLYBullish GARTLEY
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
CCL MONTHLYBullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
$CCL with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $CCL after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
CCL falling to the ocean floor?????Hello Traders,
Today I am analyzing CCL and how it is going to find some sinking action in its price...We had a triple top on the upper trendline moving price down to break the bottom trendline as well as the neckline of the triple top...Price bounced off the top of the 2nd GAP down and created the first GAP above it to retest the bottom trendline...It has since failed that bottom trendline more than likely heading to some lower prices...We are sitting on some pretty important neckline support from today but will see where this goes in the coming days...IF we break the neckline tomorrow we definitely move down to start filling GAPS...I can see price on this falling down to the 13.90ish area which also aligns with .618 fib...I am in a short position on this stock and look for scaling out at each price target...What are your thoughts????
Happy Trading!!!!!!
CCL reaccumulationphase A stopped the trend, now we are currently in phase B until there is significant demand/supply to bring us out of the zone. A break above the red line would signify a minor sign of strength. this hints that the upside potential is very possible. With a gap to fill short term, i believe we will retest one of the green boxes. Another sign we are going up is that even with a lot of selling pressure, we did not come close to retesting the bottom of the range.
Carnival Corp (NYSE: $CCL): Load The Boat! 🚢Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. The company operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. It operates 87 ships with 223,000 lower berths. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.
Reaccumulation SchematicWyckoff schematics come in many different forms but originate from a basis of 3 other schematics: distribution, accumulation, and reaccumulation. Reaccumulation patterns consist of many creeks and channels. As you may see here, the minor creek has been broken with a lot of volume. Then, after a big jump--wide spread and high volume-- we saw another break of the major creek creating a major sign of strength. This momentum was enough to confirm a breakout and create an LPS to add to a profitable position. The LPS is shown here in the circle. It is hard to see on a 15 min time frame, but it does exist there for a perfect low risk entry.
CCL Upside?CCL is a cruise company that was hurt greatly by the pandemic and is yet to recover. It has questionable financials but after watching it for a few weeks now I have seen it enter into a nice uptrend with about a 20% difference. I set a pretty tight stop loss of 19 and a reasonable price target of 25.
NEGATIVE PRESS:
“While the year ahead looks promising, Carnival continues to be a leaky boat that is taking on water in the form of debt. A lot has to go right for Carnival to get its operations back on track and improve its finances. Until its revenues meaningfully recover, it pays down some of its huge debt load, and buys back some of its own stock, the company’s share price will likely remain depressed and could fall further.
For these reasons, investors should not set sail with Carnival just yet. Wait for smoother seas. CCL stock is not a buy.” -Yahoo Finance
Yahoo finance has no idea what they're talking about. 30 billion dollars of debt? Nothing. -500% profit margin? That's perfect. -8.44 earnings per share? Sounds wonderful.
Filled 10 shares at 20.16 on 2/28/22
CCL at key resistance: ReOpening play at a BreakOut ThresholdPlotted here are two different fib series.
Thick lines are from its Genesis (at birth).
Thin lines are from "Covid Stimulus" wave.
$ 23.52-23.64 is the key resistance, "Minor" but respected as seen to the left.
$ 25.44-25.65 is the "Major" resistance, a Golden Genesis fib plus a minor local.
$ 22.03-22.21 is a "Semi-Major" support below, loss of which kills the uptrend.
For reference, here is the Genesis Sequence in full, and the math used
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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CCL what do you think?Significant trendline is broken. After the large drop, volume remained relative high.
CCL almost broke the 30-Week MA, and maybe could start phase 2. (For the Stan Weinstein readers)
(This is not trading advise, I just asked about your opinion.)
This is my first shared idea, and I am still a beginner. My apologies, if I made a mistake.
I’m looking forward to your insight!
Short CCL on the retest of broken DZ. carry the loss- Lesson leaWHY I TOOK THE TRADE
- heavy supply into a DZ from the (M)
- the long-term chart (W) in downtrend
ODD ENHANCERS
- news of new Corona strain puts negative pressure on stock's sector
CONFIRMATION
-price broke & CLS below DZ. invalidating the demand zone (DZ)
WHY I COVR PSTN
- my STP loss was triggered.
WHAT I LEARNED
- my ENTR to SHRT was too late. i chased the retest through DZ to enter
a better SHRT PSTN would be to wait for the retest to test a LH of daily downtrend. it would of reduced my risk
Lesson Learned - dont chase the stock. if the opportunity has passed. let it go
$CCL Carnival Corp - A historical analysis for studyAfter Carnival Corp. set a 52 week high the stock tumbled into a descending channel. Which then broke down almost unbelievably into a 'descending inverted scallop'. This ending in a recovery which ultimately was a 'Wolfe wave' that set a new horizontal descending support.
Carnival. Another delay in recovery.Carnival Corporation is the world's largest travel company, founded in 1972. Today it is the leading cruise operator serving nearly half of the world's cruise travel market. Has a global presence in North America, Australia, Europe and Asia. It operates a fleet of more than 100 ships and owns a portfolio of leading global, regional and national brands of economy and premium cruise lines such as Princess Cruises, Holland America Line, AIDA and others. Carnival Cruise Line, the most popular global brand, carries more than 5 million guests every year. In addition to cruise operations, the company owns Alaska's leading tour company - Holland America Princess Alaska Tours.
➡️ The cruise industry is still unprofitable in the context of the Covid-19, as the tourist flow does not have time to recover due to regular new pandemic waves. And now the positive expectations for next year are beginning to fade - the company faced a large number of cancellations for flights in the coming months, which is caused by a lot of positive pre-cruise tests. Demand for flights in the second half of 2022 is also below expectations at the moment.
➡️ On the chart, you can see that the growth after the spring collapse of 2020 developed in zigzags. Structurally, the movement is similar to the leading diagonal, which may indicate that the low set in early April 2020 is the starting point for a new strong trend.
In the decline from $31 that began in June 2021, I highlight the emerging single zigzag with a potential diagonal in wave {c}of2. The movement develops within the channel formed by the Schiff’s Pitchfork, the borders and the middle line of which are confirmed by the price reaction.
It is logical to expect the end of the correction in the range of $13 - $17 , because that’s where the main volumetric zone of all previous growth is located.
📌 Alternatively, we can assume that correction 2 ended at the end of 2021 at the level of $16.5 , and now we are seeing some starting waves within wave 3 already. in my opinion, it is more doubtful structurally (wave {a} then should be a zigzag, which it does not look like) and is not at all supported by the fundamental that I cited at the beginning.
📉 I assume that the fall may stop at $13-13.5 , where the lower boundary of the pitchfork and the Fibonacci correction level of 0.618 also pass.
➖ Cancellation of the scenario when the price rises above $23.3 .
CCL LONGJust some basic technical analysis with the VIX chart at the top of the screen. As you may see, we are seeing a "double Bottom" which is a very bullish chart pattern. In conjunction with the VIX chart and the slowly decreasing Volume, it may be possible to see a reversal here on the next trading day. When we see more market participants buying then it would be safe to assume that there may be a possibility of market reversal.
ccl buyer keeps showing Watching for next entry i feel like is has another drop maybe double bottom previous swing low? either way, buys are there, watching.
CCL SHORTWhat I am calling is on Monday the SPY will open up green for a retracement. it may be a green and CCL will have a sharp move upwards. By this time, it is possible to see resistance. The MacD crossed as a sell on the daily and the price target would be 17$
SHORT CARNIVAL CORPORATIONProbabilities for retracement are listed here. Note that the SPY will have a low probability of moving down monday but tuesday we may see a slightly lower movement. Nevertheless, a put at .618 retracement level will deem favorable.
CCL Breakout LongA good 7-day accumulation is formed on a daily timeframe. We may see a small breakout impulse for 1:3 trade
CCL breaking downtrendFor whatever ridiculous reason, CCL along with other Cruise line stocks are moving up. Seems counter intuitive but that's Wall Street for you. Funnel money out of growth and into debt heavy companies with operation restrictions. Oh well, I trade trends so I'll run with it. Looking for $25+ by Wednesday. 1/21 $24 Calls. If there is a long upper wick on the daily candle at resistance I'll be buying puts.
Buy Carnival TP 20,42$ 2 month time periodBuy now and sell put with strike 19 to get 8,5% premia until 17.12.21
