Bearish Market - Based on Technical and Fundamental analysis the prices could move down up to the level of 8.00 USD (or even further down - just wait the breakout of the support lien) Fundamental Analysis: These comments likely had investors reevaluating their outlook for cruise ship companies, which are particularly exposed to COVID-19 outbreaks. Fears are...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
CCL broke out of a 3 Week consolidation period today with volume confirmation. It's above the daily EMA20. Next targets are 14.89 and 16.81, respectively. I'm still skeptical (neutral), given the fact that this is earnings week for several major companies. CCL may be trying to hitch a ride on the bull-run. However, RCL and NCLH are both up as well, and reports...
CCL has been in neutral pattern since 07 April as price consolidates (red channel) at the 38% Fib ratio ($12.30) from the previous downtrend. Typically, a retrace to the 38% level indicates a strong trend, which in this case suggests CCL is still bearish. It's anyone's guess how long this consolidation period will last, and whether the breakout will be bullish or...
The Cruise ship Industry has surely taken a huge knock due to the corona virus, but this open up great investment opportunity's. CCL has lost roughly 80% of its value since the start of lockdown periods. This is due to overload of pessimism. A great double bottom setup is given at $7,84. Target 1 : Break of Neckline Target 2 : Support turns into...
Atm cruise lines are the talk of the hour and are the new SPCE stock to trade during this marketcrash, so puts, calls, buy the stock, or wait with cash? Its hard to say, but theres too much negativity in the news with the virus and doesn't look great. News CCL says they have an increase in customers for 2021, yet most of those customers are just trips that are...
This one is almost a gem, probably one of the easiest short out there. We all know the cruise sector is taking a huge beating, there's no way they are going back to business until late summer or something.( we are talking at least 1 whole quarter of no income) They will be burning money like crazy this quarter, and possible lawsuits and settlements eventually....
High risk? Yes. Massive growth potential? Worth it, in my opinion. This will get a chunk of change for a long term investment.
With the Saudi Public Investment Fund taking a stake in the company and the cup and handle formation on the 2-hour suggests upward momentum coming. It could be a good trading opportunity to the upside. Disclaimer: These are amateur opinions.
#Doublebottom is forming for #Carnival if it holds above $19.14
after the crash,I think it`d be a great buy while it`s on its daily resistance at around $8,could go all the way to $19.any thoughts?
At every whole number you add shares that you are comfortable trading with and hold for few years. 1:4 risk/reward ratio. You enter with a small position. If you like this analysis please like, thanks. All opinions are welcome. BlackStock
Massive divergence of the 50MA and 200MA displays a beautiful death cross in action and the MACD is converging with signal for a downtrend on the daily chart. With earnings tomorrow morning and all the negative news around COVID-19, this one's a no brainier. If the current support breaks then Carnival may go sub $1.
EARNINGS: CCL (67/284) (What?! 284% 30-day) announces earnings this coming week. Unless you've been under a rock the past several weeks, you'll know how hard it's been hammered with COVID-19 and can easily anticipate further hammering, both with earnings, forward guidance, and the potential reduction of its 2.00 annual dividend (12.86% yield as of Friday close)....