This is my current analysis on this as of right now. If this cup and handle doesn't form and complete, then i can see this reaching $26 before shooting to mid $30's. Any Suggestions are welcome! ENTRY: 20.86 TARGET: $40
CCL looking very bullish. looking to hit 52wk highs this week. If breaks $29 then i think we see $33 and $39.
I would go long above 38 or short under 32. Trade Idea: 40C 3/12 Under 32: 30P.
I would wait for over 600 to go long Trade Idea: 640C 3/12 Under 538: 500p 3/12
The meme stocks ( NYSE:CCL , NYSE:RCL , NYSE:NCLH ) in Cruise Lines have finally recovered but are they now a SELL? These stocks are coming up to a key Ichimoku Cloud Resistance level that traders and investors should pay attention!
Hello traders and investors! For the first time, I’ll do a public analysis on CCL. This stock is starting to get very popular (the 8th most active stock in the US today), so, let’s talk about it, and do a complete Multi Time Frame Analysis (MTFA) by looking the hourly, daily and weekly charts, and in the end, we’ll see if CCL is a buy or not. First, in the 1h...
Be ready for some up and down movement between now and target price.
28-02-2021 Heading towards 100days MA at around $29 Travel stocks is going to boom once economy reopen. Not to surprise if CCL revisit $22. $18 is well supported
CCL is up on nice volume. Its next resistance has a good profit margin. Here is my swing play idea: Entry Price: 25.28 Target: 39.72 Stoploss: 22.85
Carnival Cruise Lines, along with the other major cruise carriers, fell sharply during the COVID selloff for obvious reasons. CCL has been consolidating for almost a year to create a new price acceptance zone. But the stock is now breaking out on high volume. Look for a continuation higher on sustained volume as it enters price discovery mode toward higher prices.
CCL @ 24.60 48 shares Stop is set to 21.75. Target is 27.35. I will move my stop and double down at 27.35 and pyramid into my trade adding 48 more shares with the same stop target at 29.99 or higher I will sell part of my trade. Trend following trade. I want to practice holding long and being patient. Target exit is 2 months.
CCL could break out here to 26 and fill the gap that it failed to fill earlier in 2020. However, it clearly rejected the gap fill on Friday. Time will tell what happens here. If we don't see a breakout next week this is a short to support.
I like the pullback this morning on CCL to do an Ichimoku cloud pullback. Looking at the April 22.5 Calls.
Similar to my post in $CCL... Giant Cup & Handle, Bull Flag, Inverse H&S, overall bullish momentum in economy stocks... cruises are the last to ride, but we can still catch it. Has a chance to fill the gap to $48+ by summer. Entered in $23s.
Draw whatever targets you prefer. Cup & Handle, Bull Flag,Inverse H&S, you name it. Excited on this one, entered in 21s. All else aside, people want to cruise. Combine business fundamentals with technicals (including CCL $8B+ in cash as of 9/30/20) this could be a home run.
Supported by MA. Looking good to long
Currently, I'm still looking for the best price to enter a long-term investment. The technical analysis gives a hint that it possible for CCL to recover. We can see a potential Golden cross on the daily time-frame and a Broadening Wedge Patterns or "Megaphones" on the weekly. Sooner or later, the business and tourism will be back to normal. Carnival will be on...