-Friday closed with a high buying pressure candle -Catalyst are in favor of cruise lines rn -We had just broke above the 9-day ema and we are looking to break even higher above the 26-day and then the cloud. -contract supercheap -analyze price action when we open on monday and that should dictate your entry
$CCL Target 28.44 for 20% Or next add at 19.19 Added here today in premarket ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as...
little swing here on this beat down ship high risk trade* wave 3 target = $28
With the increase in cases for the delta variant to coronavirus, the question remains: will certain industries suffer again and will their stocks fall? In the case of Carnival Cruise Lines (one of the larger cruise lines by market cap) my prediction, short and sweet is yes, yes their stock seems poised to fall. Looking at the 5 year chart for $CCL NYSE:CCL and...
Super breakout on higher time frames All trading levels and trends defined on chart Happy Trading....
CCL is a majorly undervalued recovery stock. Travel is opening up. CCL is at a great value zone, and close to a Major support trend line. BlueWave is going to give a green dot buy signal soon Stochastic RSI is Oversold
Signals Position: long Entry price: 18.5 Target price: 28 Stop loss: 19 Indicators RSI is very low under 25, better to wait till the price reaches the support line around 18. Bullinger Bands and William Alligator are really opened, indicating a strong trend. So the price will probably reach the support. ADX is really strong, indicating a strong...
So I did a bigger picture and yes normally our focus is on penny stocks. But that also involves looking at broader trends. So, travel and leisure penny stocks, for instance. Sub $5 stocks like TRVG LTRPA and AHT are all at "risk" of pressure from negative sentiment in larger market trends. CCL has been somewhat a bellwether for certain travel & leisure...
MY CCL ENTRY AND EXIT SHOWN IN CHART AND NOW I AM WAITING FOR RETEST AND RSI TREND CHANGE
Green area is the buy zone and next move up should take this to the top of the monthly channel of $39ish. Follow the curve pattern and only buy in the green box levels. Does have parabolic steps on the monthly so longer dated calls or shares is the way to go as this will take time to develop.
strong support here. i like selling out of the money puts. also buying at the money calls
After good consolidation and break up, carnival could be ready to next leg up.
Keeping an eye on $CCL. We just got a break under the uptrend channel we have had in place since October 2020. Bulls would now be looking for support around the 200MA and maybe we see a bearish trap on this one. If support doesn't hold, things can get ugly and reach around $19 range. Feel free to give us a follow and shoot us a like for more analysis...
$CCL Carnival - At trendline support, bounce possible near term. Bullish Unusual Options Activity $4.7M of November ITM $25.00 calls bought today (32x open interest) Upcoming: Earnings next week and cruises resuming early July. Near term target: $37-$39 range by August Note: This is NOT investment advice. Educational only.
Looking to short CCL is price fails to go lower and gets rejected at the short term trend line, if price does fail, we should see a move down to atleast 29.00(.5fib) - 28.50(.618) retracement fibs. If it continues higher, this could be a finished correction move and we will go higher. Waiting for more confirmation, will you keep you updated if I enter.
As we trade at the top of this wedge, volume has been on a decline. Also, bearish divergence on the weekly TF -- not great! And, it would only make sense for us to go down for the E wave before breaking out. This is strictly a technical analysis, so yes, Carnival could definitely pump if they come out with some great news -- doubtful though as cruises keep getting...