AT A GLANCE
Simplistic Analysis: counter swing followed by a wave up to the ceiling.
Trade Type: Sell & Hold wait for a close.
Research Depth: technical glance only.
Earnings Anticipations: negative surprise in EPS & Revenue.
Earnings confidence on a scale of 1-5: 4
CCL long position.
Market touched a lower Lin Reg and below MACD on H4.
Confirmation on H1 to take long position with 2 TP.
Tp1 at $20.43 and 2nd at $25.95.
Recommended SL at $14.88.
Warning!!!!
This content should not be interpreted as financial advice
CCL hit my prior idea's zone for a buy, finally. And I have today as a date for it from back on 7/16, so even better!
Oh, if you don't follow me, I don't really do much technical work anymore. I dowse all this stuff with a pendulum. Seriously, not even kidding. LOL
So, back then I was receiving the $21 mark for CCL, but had that it might first go to around $15....
This is kind of ongoing. I actually had the ticker CSSK (Cruisestock Inc) come in meditation on 5/30 when I asked for a stock with a "meteoric rise". The adjective "meteoric" wasn't mine. It kind of piped in, but who doesn't want to know about something like that?!
The guidance was "downtrend complete" and 2 days was the time to get in (June 1).
The other thing...
Markets are cooling down, CCL is reacting on bad news as well.
My short targets are mention in the chart, tight stop but pretty good short entry.
You can use my Tradingview referal link to get your Tradingview Plan.
www.tradingview.com
Monday July 24,Long Above 17.90 Short Below 17.69
NYSE:CCL , As of Friday, July 21, 2023, the Carnival stock price experienced a gain of 1.30%, closing at $17.88, compared to its previous value of $17.65. Throughout the trading day, the stock fluctuated between a low of $17.57 and a high of $17.90, representing a 1.88% fluctuation. However, it's worth noting...
looks like the managed the pandemic well enough and have people back on the boats. charted this year ago or so and still slapping so posting now for the clout
After a monster run off the bottoms I’m thinking it’s looking like time for a correction.
This won’t be a bad thing at all can give us a chance for a reload.
I like the 13.50-14$ area on a backtest of channel breakout as my idea. I’ll be patiently waiting on the pull back in. Could add some shorts and play the down move into the rebuy on backtest
Not sure how much longer the cruise industry will get pummeled. NYSE:CCL has seen high volume ever since the start of the Coronavirus pandemic; something may be building.
The stock is seeing and has recently seen its worst days ever.
The risk/reward on this is intriguing. If I bought the stock today I would buy it accepting the fact that I may take a 15%...
🔹CCL has broken up from an approximate horizontal trend channel in the medium long term
🔹Inverse head and shoulders formation at the break up through the resistance at 11.10.
🔹Further rise to 19.40 or more is signaled.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH |...
Howdy Traders!
I just wanted to share a possible trade set-up I found on NYSE:CCL when looking at the 4hr timeframe. If done successfully, this set-up could return about 7.5-8%. The exact direction of this trade however, is not yet known.
NYSE:CCL pierced double top horizontal line and the parallel channel. Price is to far away fro the 20 day moving average. This is going to pull back any day.
Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher.
The first pattern on today’s chart is Friday’s last price of $12.18. While the level was slightly below February’s peak, it was the highest weekly close in a year. That could make traders expect a breakout if CCL manages to inch further...
