NYSE:CCL Carnival Corporation looks like it just broke out of a triangle and consolidating around 50% Fib resistance.
Even though it has further upside potential, I would wait for a pull back before taking a position as it is overbought and MACD is about to do a bearish crossing.
Upside targets:
$21
$26
$31
Downside Risk:
$15 - $12
The cruise line posted $12.2 billion in full-year total revenue for 2022.
Investors have paid higher prices over time to buy Carnival and the stock is in a rising trend channel. The company experiences positive development and buy interest among investors is increasing. NYSE:CCL has received a positive signal from the moving average indicator, thus signaling a...
Im calling bottom and all i see are bull waves
im expecting price to reject my resistance level and head towards future target levels
indicated in the analysis to complete the impulse
PRIOR TO THIS I WAS IN THIS SHORT
Carnival printing an E&A double bottom on the 1H timeframe. They have 4 straight positive earnings quarters and lower TF charts look extremely bullish. Enter on the retest of the breakout.
Good morning investors. I am personally waiting for CCL to reach the LZ 1 or 2 to enter. Will be happy with an in between entry around $10.50. After predicting a comeback of the Airline Industry now expecting a shift to the upside very soon on the Cruise Lines. Norwegian another cruise line to watch out for.
Both companies with major upside potential. This is...
"Pump and dump" refers to a type of securities fraud that involves artificially inflating the price of a stock or other security through false or misleading statements. This is usually followed by
selling off the overvalued stock at a profit before the market corrects itself. While illegal and unethical, pump and dump schemes continue to occur in the financial...
Carnival PLC (CCL) Stock Performance and Revenue Growth:
Carnival PLC (CCL) is a well-known cruise line company that operates globally. On November 22, 2023, the stock market opened with CCL shares at $14.52, showing a slight increase from the previous day’s closing price of $14.20. Throughout the day, the stock’s price fluctuated between a low of $14.49 and a...
Entering a long position.
Repurchase of the instrument from $ 4.10 and below.
After consolidation at the level of $ 4.10, the instrument can give an excellent profit.
A full-fledged correction of the instrument from the entire growth will be played out and the instrument can start a new cycle.
If you are going fishing, like any good Bottom Feeder CCL offers a greater upside opportunity than it does downside. Here on the yearly chart we are just tapping a yearly demand zone. Weather you believe in the stock or not, this one is in prime position for long term accumulation before any potential rips higher take place. Buy and Hold.
" NYSE:CCL Technical Analysis: The stock demonstrates a Fibonacci support bounce at the $10.76 price point. A bullish sentiment prevails if the stock sustains above this crucial support level."
Analyzing the options chain and the chart patterns of CCL Carnival Corporation prior to the earnings report this week,
I would consider purchasing the 14usd strike price in the money Puts with
an expiration date of 2024-4-19,
for a premium of approximately $2.11.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
On the M30 chart the trend started on October 16 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 13.69
But we should not forget about SL = 12.14
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
So im seeing a nice retracement in price for now ill wait for the shorting to take place
then i will update where to long from
This for the sake of flying to london (something 2prove)
Today CCL reports earnings after market close it should be very interesting for this sector and how it has been doing this recent quarter after covid. As the price continues to rise before earnings it would be quick to note of the potential of downside as well. Due to high interest rates crimpling much equities in the market one should always take precaution. ...
The cruise line is showing positive signs of rebounding to pre-pandemic levels due to revenge travel that is continuing to rise. One of the companies benefitting from this phenomenon is Carnival Corporation & plc (NYSE: CCL) which reported record bookings in Q1 and Q2 2023. While the cruise line’s debt load poses a massive risk to the company, its stock could be a...
I think we will continue to see a decline in the travel industry as a whole as Flu/Covid season rolls around. On top of that the increase in oil prices could greatly affect the bottom line of any cruise company.
Looking at CCL puts
October 20 $11
