Bitcoin about to make a run?Hi, so I took profit on nkla, yet still think theres more movement head but that might be till the end of next week I'll go look into it. With todays drop on the panic of apple news I bought the dip into NCLH and into litecoin. Why did i get into crypto now? Well its uncertain the ripples of what apple's news and the virus will do plus as you see later on the TA it looks like we might have support. Also congrads on who bought the dip on my last call. You could have got the full 10%, yet with the zones it was in between the 7-10% dump. Again TA is not always on point and can change in a moment of time.
TA as you can see we are building support around the 9288 range and it looks like a head and shoulders play that might be playing out.
-Points of interest to look for is 9563,9713, and the 10k range.
-the MACD look like it wants to go bullish
-RSI is oversold by a hair
Final thoughts
I'm looking for movement in litecoin's USD value and see that bitcoin has a potential run up soon, which would affect LTC usd value. NCLH was bought on the dip after a 7% drop, yet in my opinion NCLH is better than CCL. I'm again watching for more upside in NKLA, but I would like to chance opportunity where I see it.
CCL
THE WEEK AHEAD: ORCL, CCL, KMX EARNINGS; XLE, IWM, IYREARNINGS:
I'm not really seeing anything at the moment that meets my criteria for good liquidity, high rank/high implied to play this coming week for earnings-related volatility contraction plays.
While ORCL (53/44/9.8%) announces Tuesday after the market close, 30-day's only at 44 with the July at-the-money short straddle paying 9.8% of the stock price, which doesn't exactly get my motor running for a volatility contraction play.
CCL (47/142/31.6%) announces Thursday. It has the right volatility metrics and the July short straddle is paying a whopping 31.6% of the stock price, but most are playing this for a recovery from a coronavirus beat-down. For what it's worth, the July 15th 17 short put (19 delta; bullish assumption) is paying 1.17 at the mid price with a cost basis of 15.83 if assigned.
KMX (60/71/15.11%) announces on Friday morning, but isn't the most liquid thing in the world, with the July 17th 75/105 showing bid 3.60/mid 3.80/ask 4.00.
SECTOR EXCHANGE-TRADED FUNDS SCREENED FOR >35% 30-DAY:
XLE (55/61)
XLU (53/38)
SLV (51/38)
EWW (49/46)
GDXJ (49/63)
EWZ (45/61)
SMH (45/46)
GDX (45/41)
XOP (41/79)
USO (18/68)
Notes: I don't have any XLE on currently. The August 21st 32/48 (17 delta) is paying 1.76.
BROAD MARKET:
IWM (66/50)
EFA (42/36)
QQQ (41/34)
SPY (39/35)
Notes: If you're going to sell premium in broad market, small caps is probably the place to do it. Unfortunately, we're kind of mid-cycle here with July only having 34 days left in it and the August, 69, but if you're willing to go a bit longer with duration: IWM August 21st 113/159 (17 delta), paying 4.81.
DIVVY YIELDING EXCHANGE-TRADED FUNDS FOR THE IRA:
IYR (65/47)
EWA (57/44)
XLU (53/38)
EWZ (45/61)
HYG (45/26)
EFA (42/36)
SPY (39/35)
TLT (23/20)
EMB (23/18)
Notes: Pictured here is an IYR (3.51% yield) September 18th 65 short put paying 2.02 at the mid. I've been generally laddering out as an acquisitional play for the IRA, but July has only 34 days left, and there is currently no August (although there will probably be one post June opex), so a single September put would have to do.
CCL Long Idea - Recovery PlayLogic: a close above 50D EMA a positive, suggests intermediate trend pointing higher.
Entry: €17.00
Stop: €10.85 (consider to close immediately in case of negative corona news)
Risk: -23.53%
Target: initial €24.75 gap close, mid €30's realistic longer term.
Gain: 45.59% in 76.74% in second scenario.
Note: Longer term speculative idea; Carnival significantly discounted with strong upside potential upon economic recovery and positive coronavirus-related news.
FYI: bit.ly
CARNIVAL CRUISE LINE ($CCL) 🔱 | Is CCL Ready to Set Sail Again?🚢 The Cruise line industry seems to be on the rebound in terms of business, and many stocks once beaten down by COVID seem to be on the up-and-up as well. Given that, it isn't surprising to see Carnival Cruise Line's stock breaking out of the COVID bear and into a bullish uptrend.
Despite some concerns that it might be too early to book a ride on the bull cruise, for example, due to the reality that cruise ships need permission from port authorities they don't necessarily have yet, we still think there is logic in riding the waves here. Let's look for a long setup.
Resources: www.fastcompany.com + www.benzinga.com + www.telegraph.co.uk
💹 Drop a comment asking for an update, we do NEW setups every day 💹
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1. Find the trend.
- Fractal Trend is showing a newly formed uptrend (Navy colored bars) on the 1-hour timeframe.
2. Confirm the strategy.
- With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Navy colored lines) and/or bullish S/R levels plotted by Directional Bias (Navy colored lines).
3. Find an entry at support.
- Our entry is the S1 bullish orderblock and S/R flip range. The idea here is that if we pull back before we fill the gap above, this level is the most logical to pullback to while still retaining bullish momentum.
4. Find an exit and set a stop to ensure a solid R:R.
- The target for this trade is the R1 bearish orderblock above the gap. Meanwhile, our stop is placed below S1.
5. Determine other levels of interest for future reflection and consideration.
- Other levels of interest include the S2 orderblock which is also a major price pivot point and expected support come a retest, and the R2 bearish S/R flip as resistance. A break below S2 would end any bullish bias on CCL, while a break above R2 would show continued bullish momentum.
Overall we think CCL has more room to run. We have determined our long setup to have a high probability of working if we do get the pullback, although, with the way this market has been moving, that is a big "if."
Good luck everyone!
Carnival buy opportunityHere just a idea, the cruise industry has never be so cheap since 95" and the future of this industry is never be so in trouble.
My idea is that the corona virus is not so dangerous as expected and as soon that be people realise that, they will travel more than before!
It's just a buy and hold.
Buy when blood is in the sea.
just a idea, not a fiancial advise
good luck!
CCL looks ready to revisit LOWSAll information should not be taken as call to Action, this is my personal view of market situation.
It is quite hard to say that from April we have some kind of trend. I see correction and to be more precise Wave 4.
So my expectation are, that Wave 4 will finish in 20$ - 21.50$ range, most probably in next 5-7days as per Fib trend time indicator.
Game plan is as follows:
If in long: (from before)
Take profit/close position - 20$
Stop-Loss - 14.90$
To go Short, we still need to see reversal and confirmation. Stay Tuned ;)
If Short will play out, expected levels to revisit 10$, 8$, Open upto 5$.
LONG CCLKeep your trading simple 🚀🚀🚀
Long term bullish - this trade can take some time to unfold.
T1 = minimum risk reward 1:1
Mind term target $24.6 - Closing gap.
Entry was on the crossover.
I would use a smaller position size because of the huge S1 S2 (stopping points).
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
Not a financial advise just my view - trade smart trade safe.
Follow me to support my work, Thanks!
CCL - Carnval Cruise LinesThe Hospitality Industry has been one of the hardest hit sectors due to Covd19 and the Cruise Industry has taken an absolute beating. While other companies were hit, they were able to recuperate some of the losses in aid received from the Feds stimulus care package. However, the cruise industry did not receive any bail out funds since they're registered in foreign countries outside of the US.
Remember Carnival is still the global leader in the cruise business. The Company's North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises (Princess), and Seabourn. They also own AIDA Cruises (AIDA), Costa Cruises (Costa), Cunard, P&O Cruises (Australia), P&O Cruises and ship operations of Fathom, and Holland America Princess Alaska Tours.
"CCL has taken on an additional $4 billion in debt and sold 71.9 million shares of stock. We also saw Saudi Arabia's Public Investment Fund has taken an 8.2% stake in Carnival expecting it to recover. Carnival Corporation's fleet of 100+ ships are not currently operating, so there are costs but no revenues, resulting in significant negative cash flows in 2020. The big risk really is if Carnival Corporation cannot resume operations by 2021, as their cash will begin to run low."
Technical Analysis:
We're not in a rush to buy here just yet. If we do, we like the $8-$7 region. Remember CCL is down over 80% from its 2017 peak, so there is definitely a lot of room for upside if CCL can stay afloat and avoid bankruptcy.
Hit us with a like and a follow for more updates. Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Norwegian Cruise NCLH Technical Analysis Bearish Market - Based on Technical and Fundamental analysis the prices could move down up to the level of 8.00 USD (or even further down - just wait the breakout of the support lien)
Fundamental Analysis:
These comments likely had investors reevaluating their outlook for cruise ship companies, which are particularly exposed to COVID-19 outbreaks. Fears are growing that health officials could decide to extend the sailing restrictions placed on cruise ship operators during the pandemic. With their ships stuck in port, Royal Caribbean, Norwegian, and Carnival are all bleeding cash, and any further delays in resuming their operations could have a disastrous impact on their already beleaguered balance sheets.
Target Price 8.00 - CCL
Target Price 24.00 - RCL
CARNIVAL CORP (CCL) Monthly, Weekly, DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
CCL Channel Break Out.CCL broke out of a 3 Week consolidation period today with volume confirmation. It's above the daily EMA20. Next targets are 14.89 and 16.81, respectively. I'm still skeptical (neutral), given the fact that this is earnings week for several major companies. CCL may be trying to hitch a ride on the bull-run. However, RCL and NCLH are both up as well, and reports indicate that CCL can weather COVID-19 impact until 2021. I'll reassess this stock at the end of the week, after earnings.
Chart is 30m.
CCL stuck in neutral pattern. CCL has been in neutral pattern since 07 April as price consolidates (red channel) at the 38% Fib ratio ($12.30) from the previous downtrend. Typically, a retrace to the 38% level indicates a strong trend, which in this case suggests CCL is still bearish. It's anyone's guess how long this consolidation period will last, and whether the breakout will be bullish or bearish but consider the following factors:
Price target recently downgraded to $13 (1)
CCL has enough cash/credit to stay afloat (pun) for at least 1 year, avoiding bankruptcy (2)
My personal sentiment is that stock will fall to $4 - $6. I just can't predict when this will happen.
Source:
(1) www.benzinga.com
(2) seekingalpha.com
Long CCL 4HThe Cruise ship Industry has surely taken a huge knock due to the corona virus, but this open up great investment opportunity's.
CCL has lost roughly 80% of its value since the start of lockdown periods. This is due to overload of pessimism.
A great double bottom setup is given at $7,84.
Target 1 : Break of Neckline
Target 2 : Support turns into resistance
Target 3 : Support turns into resistance
This is a long term investment opportunity .
NCLH trying to find the next moveAtm cruise lines are the talk of the hour and are the new SPCE stock to trade during this marketcrash, so puts, calls, buy the stock, or wait with cash? Its hard to say, but theres too much negativity in the news with the virus and doesn't look great.
News
CCL says they have an increase in customers for 2021, yet most of those customers are just trips that are being "refunded for 120%" with 20% as "extra perks," which is just them trying to hold the cash customers already spent.
WHO is getting funding cut due to them not reporting the cases correctly.
China is apparently getting the second wave atm, yet not much news on that.
Banks earning down, not surprising, yet they are getting stricter on loans for new houses. Less money to loan out.
Now TA on NCLH
ATM we are still in a downtrend and bump off of the 50ema
Support is at the 50ema atm with 11.42 as a trading support, which if broken we could see that low $10 trading range. With $8ish as a pretty good bottom.
Resitence is the downtrend line along with 12.84
Volume today has been dropping as we been going up slightly after opening in the red.
I stay short and believe we are going to go lower as theres is no confirm data of reopening due to the latest news on the WHO and CDC pushing for another 100days without sailing and could just close up for the rest of the year. Take profits where you can and wait it out due to the high volitility.