EuroMotif

CCL at key resistance: ReOpening play at a BreakOut Threshold

NYSE:CCL   Carnival Corporation
Plotted 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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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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