Carnival has been rudderless all year, and now some traders may see downside risk in the debt-laden cruise-ship operator.
The first pattern on today’s chart is the sideways drift following a sharp rally in November and early December. Its failure to make new highs -- even early in the year when the S&P 500 was breaking out -- may reflect weak sentiment.
Second,...
CCL is registering notable buying volume at the current price range. Accumulation for an upside valuation is certainly apparent.
Key notes:
- Weekly downtrend line break.
- Weekly histogram higher lows creation
- Significant Net buy / accumulation
Expect some price growth from the current price levels of 9.0
TAYOR
Safeguard capital...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at NYSE:CCL ...
I believe this code is at a point of potential volatility.
If price can hold below $15.12 ... Bearish potential may be unlocked.
My key downside targets include:
- $13.73 (Conservative)
- $11.45 (Medium)
- $8.87 (Aggressive)
...
Carnival Corporation ( NYSE:CCL ) is riding a wave of record-breaking demand for cruise vacations, propelling the company to raise its annual profit forecast and solidify its position as a leader in the cruise industry. As travelers increasingly opt for sea-bound adventures over traditional land-based holidays, Carnival is experiencing an unprecedented surge in...
IF you haven`t sold CCL before the previous earnings:
Then analyzing the options chain and the chart patterns of CCL Carnival Corporation prior to the earnings report this week,
I would consider purchasing the 15usd strike price in the money Calls with
an expiration date of 2025-1-17,
for a premium of approximately $4.35.
If these options prove to be profitable...
CCL after the test on EMA 200 with the breakout of the short-term dynamic resistance seems to be heading towards the major resistance at 19, otherwise it could return to test the lows seen in the 14 area
Clear signal of continuation of the long trend with strong bullish candle and volume above average. Stop-loss 15.30. TP in several stages depending on the evolution.
Downtrend looking to breakout to the upside as the 50ma shows strong support. Decreasing volume is also signaling signs of exhaustion from selling. Good buy here sub $15.
CCL | BUY NEAR SUPPORT
Following the formation of a double top pattern at $19.50, CCL has retraced to test the $16.50 level. Traders are advised to consider two potential entry points for initiating trades:
Buying on the breakout above the descending resistance line, as indicated by the dotted lines. Place stop-loss orders below the recent swing low,...
NYSE:CCL
Daily chart:
➣ CCL has formed a new LH and LL - marking the start of a new downtrend.
➣ If it can't reclaim the 16-level and close above the AVWAP from its IPO, then we will most likely see a retest of the 15-level.
BUT... 👇
Make sure to monitor NYSE:RCL price action - it has earnings in two days.
➢ RCL has also formed a new LH - the recent...
Weekly SMA200 as support
Long 17.36
Stop 12.5
Target 30
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
BuyToOpen 2025 Jan Call spread C20/30
Limit 2.02
SellToOpen 2025 Jan Put P12.5 x2 (Delta -0.16)
Limit...
NYSE:CCL Carnival Corporation looks like it just broke out of a triangle and consolidating around 50% Fib resistance.
Even though it has further upside potential, I would wait for a pull back before taking a position as it is overbought and MACD is about to do a bearish crossing.
Upside targets:
$21
$26
$31
Downside Risk:
$15 - $12
