VikontTrade

CCL looks ready to revisit LOWS

Short
NYSE:CCL   Carnival Corporation
All information should not be taken as call to Action, this is my personal view of market situation.

It is quite hard to say that from April we have some kind of trend. I see correction and to be more precise Wave 4.
So my expectation are, that Wave 4 will finish in 20$ - 21.50$ range, most probably in next 5-7days as per Fib trend time indicator.

Game plan is as follows:

If in long: (from before)
Take profit/close position - 20$
Stop-Loss - 14.90$

To go Short, we still need to see reversal and confirmation. Stay Tuned ;)
If Short will play out, expected levels to revisit 10$, 8$, Open upto 5$.
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