Calls on CCLI like the pullback this morning on CCL to do an Ichimoku cloud pullback. Looking at the April 22.5 Calls.
CVC1 trade ideas
$CCL game plan$CCL Cup and Handle on weekly candle chart: Just a heads up. I know the market is red right now but note that CCL is near a cup and handle resistance. Many cruises suspended until March. Could take a catalyst like an overall deep Green Day, positive Covid news, stimulus package, etc to push it above. I would prob wait for a pull back towards $21 or a breakout from ~$24.72 above the current price in my chart. I’m likely securing some profit around $31 and $37
$CCL - Carnival Cruises - This ship is leaving - Good looking flag break and retest on volume
- Initial target zone of $29.11
- COVID recovery trade
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
NYSE:CCL
It is written - CCL to $31+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.
[Long] CCLDecent short interest, recovering data, and a depressed stock price.
Bull flag could be backtesting its first breakout. If support holds, should eventually take out next resistance.
CCL - Cup and Handle play - $35 targetCup and Handle play.
Break out point - 25
Break out target - 35
If the price break above $25, the target projection price is $35
Break below 18.22 is bad.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Carnival Cruise Line - "Megaphones"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 my watchlist for a long-term investment.
Here's below the "Megaphones"
Catalyst:
- Golden Cross
- Megaphones
CCL BREAKS RESISTANCE FOR $$$$If CCL Breaks Resistance in the next few days we could see big price movement.
Abandon Ship! Time to short or sell that under performing CCL!Carnival is tanking fast and it's all hands on deck. All technical indicators say to sell and as trend traders; we trade the trend instead of going down with the ship!!
$CCL 4h Swing #UOACurrent Swing on CCL 25C 2/19. Entered with 20 calls with a great entry and trimmed 10 calls with around a 30 percent and each contract. I will cut contracts if we drop below 19 and may average down with more contracts with a closer strike if buyers step in
$CCL Few will understandFEW WILL UNDERSTAND!!!! Watch this play out. Gray boxes are load up zones once broken. And IT HIT BOTTOM!! counter trade me if you think otherwise.
rebound from strong support/ oversoldPlease note: I'm just sharing my view. its not a recommendation for buying or selling.
Expect a false bull pennant on CCLEven though we are forming a small bull pennant on CCL, we expect a break below the trend line and a return possibly to the $10 range at the minimum. Which should be a great buying opportunity heading into possibly March or April. If we get confirmation of sailing happening in May.
