Is this bullish divergence followed by a hidden bulldivergence?What would the most recent divergence be classified as? Looks like a bearish signal but I'm unsure with larger much clearer bullish divergence being there as well.
0EV1 trade ideas
CARNIVAL CROP WAVE 1 DONE AND WAVE 2 DONE WITH TRIANGLE CHART PATTERN , WE ARE GOING TO WAVE 3 AND IM EXPECTING TO MOVE TO 85 PRICE LEVEL
CCL Bullish Reversal in ProgressNYSE:CCL Reversal to short term bullish uptrend in progress, considering an entry as Stoch RSI turning north. Swing trade candidate 5-10% pop, ascending triangle.
Short at least next few days. Help newbie with your opinion! :)Hey guys!
Im relatively new to the trading but it looks very obvious to me here. Simple averages along with bearish market in my opinion created perfect opportunity to short CCL. I personally entered at 13.88. I think very important support of 12.60 might become a breaking point. Also keep an eye on whether Oil prices will be able to break resistance of 28.65 along with SP500 that cant conquer 2900 for past few days. It might try it one more time, but so far it looks like it gassed out.
Please! Help me understand if im thinking in the right direction. ALL input is welcome. Again im new here so my opinion is very far from an expert. :)
Good luck everyone and stay safe
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.
Carnival Corp (CCL): Carnival surfs the second wave of COVID-192020 AUG-1: Carnival Corp will resume cruise ship travel with 8 trips planned starting Aug 1st.
Just as most COVID cases have peaked in New York and around the world, CCL is announcing a return to business-as-usual. This announcement was made despite CDC warnings.
A second wave is highly anticipated. The stay-at-home protesters (although a small minority) aren't helping to contain the spread. However, cruise vacations may not a be a priority for the economically troubled middle and lower classes. Difficult to tell how high demand will be. Then again, consumers have been bottled up at home. Enough will book cruises to create positive (short-term) outlook. Unless Carnival enacts social distancing measures that succeed on their ships, I don't see them exceeding 3 trip this year before an outbreak forces them to suspend travel again.
I have no faith in them or the travelers aboard to follow strict guidelines. We can't even do it at home. Imagine a boat full of entitled travelers looking to break from the reality that is COVID.
Thanks for reading my non-technical mumbo jumbo. I read the news and speculate human stupidity and greed. Also, science trumps all.
What do you think of this idea?
References:
COVID has peaked: www.cidrap.umn.edu
Carnival Cruises resumes August 1st: www.cnbc.com
I just noticed that CCL may be going in for a Double Topoooh that would be brutal....pass the popcorn...
Ensure to follow
CCL will drop with the stock marketswait for the second show to fall on these stocks... we saw the first show fall few weeks ago...
MAKE SURE TO FOLLOW
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.
Baught at 12, now at 14.Mid to long teaem trade.
Dont think they can return to there old dividend but they will have a good bounce back.
5% in.
