With 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...
Signals Position: long Entry price: 18.5 Target price: 28 Stop loss: 19 Indicators RSI is very low under 25, better to wait till the price reaches the support line around 18. Bullinger Bands and William Alligator are really opened, indicating a strong trend. So the price will probably reach the support. ADX is really strong, indicating a strong...
Keeping an eye on $CCL. We just got a break under the uptrend channel we have had in place since October 2020. Bulls would now be looking for support around the 200MA and maybe we see a bearish trap on this one. If support doesn't hold, things can get ugly and reach around $19 range. Feel free to give us a follow and shoot us a like for more analysis...
As we trade at the top of this wedge, volume has been on a decline. Also, bearish divergence on the weekly TF -- not great! And, it would only make sense for us to go down for the E wave before breaking out. This is strictly a technical analysis, so yes, Carnival could definitely pump if they come out with some great news -- doubtful though as cruises keep getting...
as we know the US government is continuing to maximize the vaccination process.. this is good news for the travel industry or cruise ships. They have started operations, although not yet optimally, but after all Americans get the vaccine, we can be sure that this industry will run again.. this is an opportunity to buy CCL stock…
Carnival Cruise - CCL - Testing $30 resistance-will it breakout?
Carnival Cruise Lines shares have completed wave four with a bounce off of an important trendline, the 50 day SMA, and a key structure level. The MACD has also crossed on this daily chart. Shares are now approaching resistance, which indicates that we may see a breakout to wave five very soon. Leave a like and comment your thoughts :) Good Luck!
Carnival stock CCL is trading above its exponential moving averages after finding a support at $24.30. CCL violated the downward trend line upwardly in an attempt from the bulls to take control over prices. Sellers tested the violated trend line, then prices retread from it opening the door for targeting $29.90.
The Carnival Corp. is in the focus of many investors and traders. This can be seen in the significant increase in volume since 2020. The idea of the most behind it, is very simple. The stock was significantly punished by the Covid 19 pandemic and "must" rise again when Corona is over. Basically not a bad idea... BUT... Investors should rethink their idea,...
Be ready for some up and down movement between now and target price.
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...
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.
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...
In this post, I will be going in detail with regards to my view of $CCL from a technical perspective. As of the time that I am writing this post, $CCL closed at $17.69 with a pre-market trading value of $17.75. Currently, I am bullish long-term on $CCL unless there are new developments that impact the fundamentals of the cruise industry negatively. I also have...
We haven't checked back in with the Cruise Industry in a bit so lets take a look at where we stand. The Cruise industry was one of the hardest hit by Covid19 and to top it off they didn't receive any US stimulus relief money to keep them afloat, making them one of the riskier plays. As the saying goes, with great risk often comes great reward. That being said,...
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)
Now, I know a ton of People that bought into CCL becasue of the "Bargin Deal". But lets not forget that cruise lines were one of the main vectors for SARS2 into the states. if you read the 1st 10Q for CCL they tell you that their reputation might not recover because their ships name associated with SARS2-COV19 and that they may not recover from that. Its under the...