VikontTrade

CCL Last Buy before New Low

Long
NYSE:CCL   CARNIVAL CORP
All information should not be taken as call to Action, this is my personal view of market situation.


This is my new game plan for CCL. Risk around 1-1.5$, profit 2.5-4.5$ (as minimum range)
Will be buying only below 12.50$.
We have 2 support levels remaining before we might visit the Lows. (11 and 10 $)


You may like or hate my views. But most important, stay calm and do not give more money to the market than You Decide !!!
Comment: CCL gave us more information. Entry on Fib 0.78 / 1.0 / 1.15.
Order cancelled:
Direction selected correctly, but here market tricked a little on 12.81. So no position on this trade.

Levels reached.
But Momentum(Daily AC) and Volumes tell us interesting New story.
We may be in Wave2 (12.8 -> 19.00/20.50$) and this is first Leg in ABC.
So now is't good time to look for good retracement (0.5-0.61 Fib) with stops below 12.8$ and see where we will end up.
There is a scenario of good Run Up, but i'm not ready to Discuss it, as some information is missing.
-- This trade is closed -- See you on the next idea ;)

Comments

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