Draw whatever targets you prefer. Cup & Handle, Bull Flag,Inverse H&S, you name it. Excited on this one, entered in 21s. All else aside, people want to cruise. Combine business fundamentals with technicals (including CCL $8B+ in cash as of 9/30/20) this could be a home run.
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...
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!!
FEW 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.
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
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.
ccl - Carnival NYSE:CCL The idea is to hold and go long only if the resistance level 25 USD will be broken
Based on Technical Analysis the best option would be to hold for now, before going long. NYSE:CCL Fundamental Analysis Cruise ship stocks gave back some of their recent gains on Thursday, as surging COVID-19 case counts threaten to delay the beleaguered industry's recovery. By the close of trading, shares of Carnival (NYSE:CCL) (NYSE:CUK), Royal Caribbean...
Macro Formation: Bear Flag. May 15: Micro Formation Bullish Pennant. Exploded to $25 after breakout. Reached target at June 12. (1 month's time) June 30: Micro Formation Falling Wedge. Estimate Explosion to $30. Estimate reach target at August 4. (1 month's time) Healthy Indicators: Daily MACD, Weekly MACD, and Monthly MACD (beautiful)
The rollercoaster continues for cruise line shares- They are now down vs. S&P 500 following big out performance 2 week ago
🚢 The Cruise line industry seems to be on the rebound in terms of business, and many stocks once beaten down by COVID seem to be on the up-and-up as well. Given that, it isn't surprising to see Carnival Cruise Line's stock breaking out of the COVID bear and into a bullish uptrend. Despite some concerns that it might be too early to book a ride on the bull...
Market looks like it may be ready for some upside after hitting bottom, consider stocking up, lookout for green in volume on lower timeframes. Trade at your own risk..
Another longer term bullish holding will be CCL, and our focus is establishing some Leaps expiring Jan 15th 2021 with a minor pullback into 15-14 range. CCL is forming a contracting triangle pattern that points a possible impulse pattern targeting the 35 range.
The Hospitality Industry has been one of the hardest hit sectors due to Covd19 and the Cruise Industry has taken an absolute beating. While other companies were hit, they were able to recuperate some of the losses in aid received from the Feds stimulus care package. However, the cruise industry did not receive any bail out funds since they're registered in foreign...