Ma cross at bullish way, but RSI is 75. I'm waiting for 24.5-25 to take long position. Idea for 2-4 months. What you think about it?
Similar to my post in $CCL... Giant Cup & Handle, Bull Flag, Inverse H&S, overall bullish momentum in economy stocks... cruises are the last to ride, but we can still catch it. Has a chance to fill the gap to $48+ by summer. Entered in $23s.
Surprisingly Carnival Cruise popped up on my scanner and has a good Elliott Wave count. The ABC correction is following parallel channel and demand zone lines up with the mid-line of the parallel channel. Wave 2 and Wave 4 are alternating and the 0.382 lines up with the demand zone. Looking for a play after earnings report this week.
MACD is changing direction, the stimulus is pumping up these recovery stocks and RCL looks like its about to pop, probably should wait for confirmation though.
Norwegian cruises, we finally took take profit but the next one is way further up and will take time. Look at our updated chart.
My buy zone and target for $RCL (Not financial advice)
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,...
Strong volume at support and bullish engulfing. Looks ready to tag that upper area annotated w/ box.
These are my thoughts on CCL. They are meant to give you an idea, not trading advice. Bullish engulfing candle forming, CCL should see a move up. Please be careful, as the market never gives you certainties, only probabilities! ALWAYS REMEMBER THIS WHEN YOU TRADE
The rollercoaster continues for cruise line shares- They are now down vs. S&P 500 following big out performance 2 week ago
Hello, so today I took profit from LTC, which gave us a good return, yet was countered with downward movement. My thinking of buying both was to hedge against NCLH incase of downward movement and it worked. So I entered into another position in NCLH looking for upward price movement as in the hourly we are oversold with major support at roughly around the 16.81...
This is a long term investment of mine that has already yielded some nice profits thus far. You often here the recommendation to "buy the dip" or add to your investment at opportune moments. This is one of those areas where I may add to it as well. I'd like to see previous resistance around $18 become new support. 2-5 year plan! Happy trading.
2020 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)...
A breakout occured on 1 May with strong volume, stopping the rally that started on 27 April. Our short term position is BEARISH unless the price breaks above $14.5 strongly Monday morning. Short term-support at $12.5 and short-term resistance at $16.
Analysis: 1/ Price retraced above 50% - It's unlikely to create new low 2/ Consolidating to build strength to take our $13 resistance 3/ Overbought in the last 20+days - likely for price to go down to do a fakeout 4/ Boom!!! The party happens after fakeout - expect at $10 range Confirmations for a big run: 1/ Already oversold for the price to go down for a...
Full disclosure. My first post. I hope I do a good service with this analysis. My Analysis: In short, CCL retraced a hair above 50% of its previous high. History says it's not going to create a new low. So I'm bullish with the consolidation I highlighted, its building strength for a big bull run up to $18. I set FIB to whole numbers -- $19 (high) /$8 (low)...