CCL1/N trade ideas
CCL Flagging w/Triple Top formationCCL is flagging and has formed a triple top within its consolidation. This has now tested the bottom support channel 6 times and looks poised for a breakdown to the next level of support, around 21.5
cruise carnival bullish projectionhere is a scenario im looking at
one nasty dip and then a rally to test the spring highs sometime next year
$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)
$CCL Dailyretest break out of 26 or break down to 18.
Note: nice higher low on RSI to reset but also created noticeable lower low to other rsi pivots. Gap down below
CclOnce again back at resiatnce. Is it time for CCL breakout ?!?! Keep a close eye on CCL today holding or breaking above 24.20. Target 28.90
Lower support 22.34 upper resiatnce 24.13
Cruise ships sinking..!I would like to review my post on August 15:
Tough week ahead for cruise ships!
You judge the accuracy
Tough week ahead for cruise ships!Notice: these charts belong to 3 different companies..!
Another example to challenge The Random Walk Theory..!
I am curious to know what would Malkiel do if he had access to Tadingview in 1973 ???
More than two dozen cases of Covid-19 have been detected among crew and passengers aboard a Carnival cruise ship, according to the Belize Tourism Board.
One passenger and 26 crew members tested positive prior to calling on the port in Belize City, a news release from the tourism board said. All 27 infected individuals are vaccinated and most are asymptomatic, according to the release.
Reference:
www.cnn.com
$CCL Revival Pattern Off SupportNYSE:CCL has reached an interesting support level at around $19.47. This area has acted as resistance in the past, and it is also a 50% retracement. This chart pattern also looks phenomenal on the hourly chart:
Good Luck!
BUY BUY BUYThe rockets signal buy zones.
This is a buy zone
Looks that next stop is around $40
I now own this stock and will be holding up until my goal is hit
price could consolidate for some time before a move begins
Added to $CCL Target 28.44 for 20% $CCL Target 28.44 for 20%
Or next add at 19.19
Added here today in premarket
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Where Carnival Cruise Line stands with the Delta VariantWith the increase in cases for the delta variant to coronavirus, the question remains: will certain industries suffer again and will their stocks fall?
In the case of Carnival Cruise Lines (one of the larger cruise lines by market cap) my prediction, short and sweet is yes, yes their stock seems poised to fall.
Looking at the 5 year chart for $CCL NYSE:CCL and zooming out we can see that in the last 15 months, the trend for the stock price has begun to form a channel up pattern, which generally has a bearish breakdown once it moves past the supporting price (bottom line). What is an event that could be enough to have $CCL break the support on this channel up? The fear mongering, uncertainty and future mandates that may arise with the delta variant
Is this the time to buy the dip?
For investors that are bullish for future cruise lines rebounding, your dip buying entry is close, but we are not there yet in the case of $CCL. While the candles have moved below the 20, 50, 100 and even 200 EMA (generally a good time to buy a dip), the MACD indicator at the bottom is still right around the y axis (yellow square). In my opinion, the best time to enter for a long term hold in this scenario would be if the candlesticks above fell through the support and broke down, and the MACD indicator in the yellow square fell far below the y axis of the MACD histogram.
CclSo we had the breakdown however we held lower support here. I did bring up an idea we could come backtest this pattern old support as nee resiatnce but pattern or not if we break 23.50 level it would come in as a fake breakdown with bullish breakout or a trading channel like I said prior as long as we don’t close below 21.60 area we can stay bullish. We have still held this level perfectly I’m glad I closed my puts. I will wait and see if anything comes from here bullishly or if we break down
CclNow has 5 touch points on upper resiatnce and 3 touch points on lower support. It is trying hard to decide which way it’ll break. I have been monitoring this pattern every 3 hours. Should see a conclusion here shortly. I will olay which ever way it breaks. I’ve been learning more bullish here, but it’s very very complicated to decide which way. Have the buyers dried up? Or is this getting ready to rip hard
