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!
CVC1 trade ideas
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.
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Falling WedgeCarnival is one of my favorites stocks. It has clear run-ups, which are perfectly tradable. In the past 3 months, it formed a "Falling Wedge" pattern, which broke recently(with high volume). If it manages to stay above the support zone between 14.30 and 14.90, then it is an easy play.
This is how I play the former scenario:
>Limit buy at 15.86 and 15,11
>Stop loss at 14.27
>Take profit at 19.28
GoNoGo Trend change for Carnival Corp!Could it be? Could the trend be changing for Carnival Corp.?
After a precipitous crash due to the Coronavirus global pandemic, the cruise ship company has been floundering in a low volatility sideways correction since the end of March.
The GoNoGo Squeeze is really on, with the indicator climbing to its extreme a few times during this consolidation. Currently, the GoNoGo Oscillator is riding the zero line and for the first time since January we see a pale blue “Go” bar on the price chart.
Given the situation, I’d like to see the Squeeze end with the oscillator rallying strongly off zero to confirm the new “Go” we see in price.