NSE : CCL Products - Coffee with twist Going strong - UpdatesNSE:CCL
CCL Products (India) Limited, a listed public company limited by shares was founded in the year 1994 with the vision of creating only the finest and the richest coffee in the world. At CCL Products we have taught ourselves to do business with integrity, commitment, customer orientation and an unwavering effort to maintain the highest quality standards in the industry. Our strong infrastructural backbone and a global client repertoire in over 90 countries have led us to evolve into the largest instant coffee exporter and private label manufacturer across the globe.
Disc: Invested , DYOR
CCL
CCL breaking downtrendFor whatever ridiculous reason, CCL along with other Cruise line stocks are moving up. Seems counter intuitive but that's Wall Street for you. Funnel money out of growth and into debt heavy companies with operation restrictions. Oh well, I trade trends so I'll run with it. Looking for $25+ by Wednesday. 1/21 $24 Calls. If there is a long upper wick on the daily candle at resistance I'll be buying puts.
Is this the beginning of the long waited move?Although "almost" every single sector moved ATH's, the travel stocks are still at their lows. I have been keeping eye on CCL AAL BA for their long waited move. Looking at the daily chart:
1. Made the first higher low
2. Stayed above the 0.236 Fib line
3. RSI 14 crossed RSI 50
Looking CCL to move to the 0.382 Fib line and hoping it will either:
1. Stay above
2. Make a higher high and create a bullish trend.
PS. This is not a financial advise nor I am a financial advisor.
CCL Point ComparisonUsing Fib circles we can see the comparison point (in green)
As this pattern is bullish in the long run, I have added a rough MA curve for what an increase in price would look like
And also a bars pattern along with this, which shows potential bullish movement
CCL is currently the worlds largest travel leisure company
CCL + 50-100% Many countries are restricting travel to South Africa and neighboring countries to contain the rapidly spreading novel coronavirus B.1.1.529, as scientists predict it will be more infectious and less effective vaccines.
Markets are not scared by politicians or analysts, but by the comments of the CEO of Moderna about the effectiveness of vaccines against the new variant - “all the scientists I spoke with ... think this will not be good. ... "
Stocks fell from $ 25 to $ 16 amid news of the new covid virus.
Meanwhile, order volumes are picking up steam, with 2022 shipments booked within historical ranges and at higher prices than in 2019. Fears about a possible prohibition of ships going to sea are premature and now is the time to buy.
Buy at two historical levels of $ 16 and 15 (see the right weekly chart), 50% and 100% move potential, 25 and 29 exits
Carnival Corp soon to celebrate new lows. CCL0.618 retrace on A and now back down again. Classic zigzag. And it just makes our job more easier in identifying the pattern and estimating accurately the possible endpoints to the motion of the final wave. These classic patterns are actually uncommon, but when they are spotted, are a godsend in making our job easier and goals more statistically probable.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
$AMZN $NVDA $CCL $UBER I OptionsSwing WatchlistAMZN 1H I Trading within an upside channel. AMZN went above $3,600 after breaking out from an ascending triangle yesterday. We want to see of our channel.
NVDA 15M I Strong momentum to the upside especially after reporting earnings last week. Watching for a breakout above $330, uoa picked up on the $350 strike.
CCL 1H I CCL is down nearly 40% from recent highs and its nearing support near $20. Watching for a breakout from this downtrend for a swing into 2022.
UBER 1H I Seems to be consolidating after reporting earnings. Last week we saw insiders buying at this level which means they are confident in the stock going forward.
CCL - Carnival CorporationNYSE:CCL
Idea is simple:
Long position when triggered $22.48 (two times hit + trend changing extremum). You might also wait for closing 4h higher than $22.48 but that stock tends to fly XD
Stop - $22.16 (-1.42% risk)
Profit - first take $24.5 (9% upside)
Profit/Risk - 9/1,4 = 6.4
Feel free to comment / add a feedback
Carnival Analysis 22.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
Carnival Plan to buy,.
The chart shows that from September 2 to September 22, a position was gained, then the stock goes up and the last peak occurs.
The accumulation level and the level from which the last pass occurred will be a strong support level.
You should look for an entry point from this level.
Level 22.40-23.00
take profit at the nearest key resistance level. Remember to pay attention to the favorable risk-to-reward ratio
Carnival Corporation Sailing South. CCLThis one is posed for more drops now or soon. It's a zigzag again and indicators support the view for further drops. More goals could be drawn in, but its more prudent to limit yourself with three or four on a regular basis.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Carnival Analysis 27.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
$CCL WeekliesI typically don't trade weeklies but saw UOA for CCL and I like the ascending channel it's forming. Also looking flaggy with January AVWAP at $24.94 . MACD giving confluence as well.
Looking for a move near top of channel in next day or two.
Tight stops due to the decay ; 24 and 25 strike , small size. A couple 9/10 contracts as well (most likely will be the better idea if you can afford time)