CCL Wave 5 Long

Carnival CorporationNYSE

Description

⋅ Jan 11, 2021 4:00 AM

Surprisingly Carnival Cruise popped up on my scanner and has a good Elliott Wave count. The ABC correction is following parallel channel and demand zone lines up with the mid-line of the parallel channel. Wave 2 and Wave 4 are alternating and the 0.382 lines up with the demand zone. Looking for a play after earnings report this week.

Comments

AmithS

⋅ Jan 14, 2021 11:43 AM

same idea i had

Alpha_Trades206

⋅ Jan 16, 2021 7:22 AM

@AmithS, CCL with the great pop this week! Future movement looking good

Sailor69

⋅ Jan 14, 2021 7:45 AM

Thanks, very interesting! I look forward to the way up to new golden hights :)

Alpha_Trades206

⋅ Jan 16, 2021 7:23 AM

@Sailor69, CCL with the big volume and good pop this week!!! Can't wait to test new highs

heyimmayo

⋅ Jan 14, 2021 2:15 AM

Nice chart, I can't wait to see this to start moving!

Alpha_Trades206

⋅ Jan 16, 2021 7:24 AM

@heyimmayo, After a long period of consolidation, CCL finally gapped up and expect trend continuation

jUiCE_Trades

⋅ Jan 13, 2021 7:07 AM

cruise lines go boom boom! long term this will eat!