CCL1/N trade ideas
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.
$CCL - Will be back on track this year On the weekly we fakeout out the bottom, tapped volume in an important structure of 25 years ago and now is getting ready to march
Reservations for 2022 are higher than 2019, so likely back to business
Can CARNIVAL festive arrive yet?Please like & comment to support my work.
After huge down red candles we see in last couple of week green upward candle, we expect huge up in a long term and in a shot term we may see minimum swing up to green line.
$CCLDescending triangle @ the horizontal support
Daily hidden bullish divergence on the MACD and RSI
4hr classic bullish divergence on the MACD and RSI
Stop = Under 2nd horizontal support
Target = Measured move/resistance
CCL 2021-01-21Looks to be breaking out of the bull flag. Equal legs target is 30.
Tight stop loss under 19.50.
Currently sitting on top of the daily ichimoku cloud support.
It could possibly backtest the penant a little more before it aggressively uptrends.
Risk:Reward -- 1:10
Going longAfter accumulation, seems CCL is ready to go, conservative target. Currently is testing low volume node, if wake up with an impulse I will jump. Wish me good luck hahaha.
Falling Wedge patternLet's see how Tuesday plays out. I will decide based on that, whether to enter a position or not.
Trade safe
