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QuandaleDingleOG
Mar 24, 2022 12:12 AM

CCL falling to the ocean floor????? Short

Carnival CorporationNYSE

Description

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!!!!!!
Comments
contentHeron15339
I would do exactly opposite . long call options.
wackerman
Where you see this going? It’s may 9th and we’re sitting at $14.14… I see it possibly going to $12.30, below that it’s off a cliff.
QuandaleDingleOG
@wackerman, You have a GAP fill down to 13.90ish...I would look for a bounce and retest of 18ish area neckline and then from there it all comes down to macro economics whether it goes up or down
ismartinvesting
lol baha how did this work out for yah? looks like a child's coloring book to be honest honest... @TradingView please add this to bad advice of the year.
QuandaleDingleOG
@ismartinvesting, Nice mask hahahahaha
ismartinvesting
@slimfamus, good morning ! Buenos Dias ! You lack creativity!
QuandaleDingleOG
@ismartinvesting, HMMMMM, How's that trade looking for you now??? My PUTS are printing...Apparently your name doesn't really reflect your IQ in the market game...Go ahead and hit that follow button and I'll teach you a thing or 2
ismartinvesting
@slimfamus, old news, trade close target reached… you still lack creativity….everyone on this chart of yours said same thing do exact opposite…. Learn when to say when brother…. Being weeks late is what makes you lose money…. Lol hitting the play button on your chart basically shows how idiotic you really are…. If I followed you I’m sure my credit score would drop….
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