CCL trade ideas
CCL - BUY OPPORTUNITYCarnival Corp is expected to report a smaller quarterly loss and a spike in revenue when it announces second-quarter results today before the opening of the market.
The price has reached a strong support zone, giving us a good short-term buy opportunity and an acceptable risk-reward ratio.
The next stop will be the resistance located around $ 15
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Possible future? High risk.Is this the bottom?
Could it touch the corona low?
Could they get bankrupt?
For sure: High risk! It seems inflation is a huge threat for them.
Analysis:
Head and shoulders pattern on the weekly. Price target reached.
M pattern on the weekly. Price target also reached.
Downtrend still active.
Possibilities:
Huge W pattern, but could also end in a huge M pattern (to 0))
Probably corona low is getting touched. If it closes above, we formed a higher low.
No financial advise.
CCLLONG-TERM: Retesting Covid Crash Lows with a scuffed bullish bat and classic bullish divergence. (not financial advice)
#CCL $CCL at extreme support area 🥶 sshould see a big move to downside below 7.79, but RSI is getting very oversold now.. so don't rush into any shorts now
Long trigger is at 13.04, a break of this resistance will send it to 16.34-21.73-27.34
Carnival CruiseA HUGE ACCUMULATION SCHEMATIC MAY BE IN PLAY.
Currently, we are looking for a Selling climax (price falling out the channel) to see a stop in falling prices.
Long term, I would like to see price fall very quickly and reject or fall below the range and commit very shortly down before a reversal upwards. This will show strength in carnival for another rally.
In other words, it is optimal to short with the trend until confirmation of a Secondary test (ST B)
Carnival Cruise Corporation ShortFor Training Purposes only. Not Financial Advice. Remember to always trade your plan.
Carnival +30%Carnival's first quarter fiscal 2022 earnings report contained solid financials. By summer, the company expects to reach a positive EBITDA, and revenue has reached the highest level since the spring of 2020. At the same time, sales per passenger cruise day (PCD) grew by more than 7%, and 75% of the ships are afloat
Meanwhile, revenue growth has offset rising spending and inflation, Carnival's bonds are at "junk bond" levels as Carnival reported $34.9 billion in long-term debt and short-term borrowing, and with the Fed rate hike, % on Bonds after reissuance will be high and the company's costs will increase very significantly. In the long run, I would not consider these stocks.
Buy
10.50
11.00
Sale
13.80
14.50
CCL: 3Bar PlayCCL: Intraday 3Bar Play to the downside on 65m agreeing with weakness in the sector due to concerns over a slowing economy. Purely technical chart here plotting downside projections; Without key considerations of company fundamentals respective to policy introductions. Bias for purpose of chart: Bearish using 65M and 4HR time scales.
CCL Double BottomConsistent rejections can be seen along the 2.618 circle line (red hammers)
Drawing the major trend line we can see bottom formations continually forming a long here
Right now the bottom formation present is more reliable than ever due to its placement in relation to 1.618 fib
A double bottom will form on this Weekly chart and reject upwards
shoulder-head-shoulder patternThe shoulder-head-shoulder pattern. Reflects a change of trend in the price of the financial assets of the company Carnival Coporation.
CCL BullishConsolidating today on 15 min chart above VWAP. High bullish volume on intraday chart. May have entered a little early (hour or so) but stop loss is set at $12.82.
CCL on the way up...?This is my prediction... What do you think? Increase in volume, and a bounce off the bottom of the channel. Might take a month or so, of ups and downs but I think we'll get back to $18.00+.
Carnival Cruise Line is sinking fast! - CCLWho loves cruises? Me! Who loves money? Me! Such a dilemma. Still, the evidence is all over - Carnival is a terrible investment. Don't believe me? Goto Finviz.com and look up the financials on this thing. They only survived the pandemic by taking on a lot more debt, and very expensive debt at that. The technical aspects of the chart are bad.....and the fundamentals are bad. If you want to invest in a company that has a -50% ROE (Return On Equity) that is your prerogative.....but I wouldn't recommend it. Now that all the speculative dollars injected into the markets are getting called back it means not even the MEMEsters will gamble on this thing. Join the 10% that is already shorting this thing and send it down to the abyss!
CCL plunge or bounce...hit the bottom of channel... where to next? If it closes roughly below $12.80 then we could be in a nose dive to $12.30, $11, or $8... Or will it be $16 next we or so and $18 by mid June?... I think the close will tell.
Long by 12.30 - 11 might be a good buy zone for the long run I catch a good buy zone for long run investment. this is my hypothesis. 12.30 - 11
CCL | We Can See A Bullish Price Reaction From $15.88CCL | We Can See A Bullish Price Reaction From $15.88
From the chart, we can see that the price just completed a bullish harmonic pattern.
Despite the fact that we can see how the economy is facing some problems this chart is showing
that the price completed a bullish pattern.
This pattern can push the price higher again. Also we can consider that the Cruise Lines now are working
out with almost full power and their revenues should be high for the coming quarter.
This can increase the price in the near future.
Targets:
🎯 17.85
🎯 19.20
🎯 20.45
Thank you and Good Luck!
CCL LONG--WYCKOFF 15 minute chartWyckoff of a particular Point in a bigger correction wave that is present on the chart. Seems there is a "head and shoulders"--a bearish sign. However, it seems that this is actually an accumulation.
CCL short term bearishSeeing an increase in asset turnover and increase in volume, it is likely we will see a lower test around 16ish area. Seeing it fall through Demand zone would be very inviting for long positions
$CCL Update on cruise's Sales are still booming, nothing but multi day buy opportunities lowest well see again is $18.38 if were Luckly im long all in from there but around the end of the month this thing is a monster. Again, sales are booming covid has become a yolo and people want to spend their money on fun... ccl has potential to move back into the 45/50 range were living in the times of a mental stock breakdown with ignorant money buying stocks that have bad P:E ratio and Companys in debt.... SOFI, Clover Health, PLTR to name a few lol. Also, if there's one CEO who knows how to make money it's this guy, since taking over the job as ceo he has done nothing but focus on profits, he can't help the stock price, but he can manage these profits and bookings coming in, may i add are the best in 10 years plus!
