Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on today’s chart is Friday’s last price of $12.18. While the level was slightly below February’s peak, it was the highest weekly close in a year. That could make traders expect a breakout if CCL manages to inch further...
CCL is Double Bottoming with some very distinct Bullish Divergence on the Monthly Timeframe on both the MACD and RSI and it also has a Lead-In trendline that goes all the way back to 2018. If it breaks above this trend line then it will begin the BARR Breakout which could then take it above the Neckline of the Double Bottom and BAMM us up to the 0.886 Retrace up...
With Memorial Day weekend approaching, the summer season is set to kick off and in turn the cruise line season. One of the cruise line stocks that are well-positioned to become a major winner this summer season is Carnival Corporation & plc (NYSE: CCL). Over the past years, CCL stock has always made a summer run extending through June till August and this summer...
looking for inverse H&S in CCL to play out, first target is $19. we'll see!
A price action above 9.50 supports a bullish trend direction. Further bullish confirmation for a break above 11.00. The upside target price is set at 13.50. The stop-loss price is set at 9.50. Recently crossed above its 200-day simple moving average. It will appear that a rounding bottom pattern might be developing, which can signal upside potential. Trade may...
Nice 10 ema candle. Possible double bottom on the daily chart.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 10.6/61.80%
Can it hold?? Is it preparing for the begging of next year?? Only time will tell?? NYSE:CCL #CCL what quarter is going to be your favorite?
I'm in shares. 3,600. I like this candle, I like the bounce. I'm in long. GOOD VOLUME on the stock. Covered call prem is bleh... Buy low, sell high. I'll likely exit around $11 or $12
In spite of CCL's near term revival, I believe that it is still a long term short. Look at the next few quarters as an opportunity to grab short positions for a discount. Recession pressures will dampen earnings and the increasing cost of crude oil will deal a serious blow to CCL as it has done previously. Personally I am looking to open a short position end...
We have a Paralel channel that is in the making. Coupled with the great earnings report, CCL is bound for a nice rebound.
possible flag breakout for CCL, even as news hit about cancelations. looking at possible 20 dollar entry. Daily Chart
#CCL $CCL is again looking good for another ride up. Its currently right below 200DMA and inside an ascending triangle. Target 1 - $10.55 Target 2 - $11.44 Risk - fall to $7.53 and below —— Trade is done when it hit one of the target or stop loss is hit. Disclaimer: Trading note. Not an investment advice.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 9.0/61.80%
Price could bounce from this zone, or continue to zero, which is not very probable.
CCL watching this drop. nice run up for the Shoulder Reversal for this Inverse HNS Potential Breakout. This is a long journey. watch your levels and confirmation up.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 10.6/61.80%
Hello Traders and Investors, CCL has finally broken out of the head and shoulder resistance after weeks of consolidating. There is also a double bottom on a monthly, suggesting the ground is pretty solid for CCL. The next major resistance dates back to 02, 08 and 09 at $16.93. This is a solid 55% gain on the stock. Let me know what you think.