CCL1/N trade ideas
CCL. Change of plans. Although my plan was to take profits 22.78. I decided to close here into strength as I’m spotting a rising wedge her with a target back to 19.74. I could be wrong it could breakout here and head up however I locked in 90% profit off my 19$ calls and I cannot be greedy or complain about that! If it holds or if back test of that support we recently created looks good I may run it again and expect a double bottom but only time will tell! I wouldn’t short it here personally so I will wait and see what happens
CclCalls are loaded up. Profits will b taken around 22.78. I’ll wait from there to see further bullish action. Up 80% from post entry yesterday
CCL great valueCCL is a majorly undervalued recovery stock.
Travel is opening up.
CCL is at a great value zone, and close to a Major support trend line.
BlueWave is going to give a green dot buy signal soon
Stochastic RSI is Oversold
Ccl Looking interesting here as it has hit my first target. Unfortuently I have a low target of 13.55 however this zone is an amazing zone for option call swings here to come back and back test some old support as new resiatnce. 19$ calls for 7/30 are opened for
Me looking for short term swing here
Carnival Corporation and plc (CCL) for long termSignals
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 momentum. It means that the price will lower again. Same clues from the MACD .
Conclusions
Carnival is expecting to have 42 ships back to service by the end of November, embracing a phase of operations restart. After the drop caused by the Covid-19, the company is sailing again in several destinations including the Caribbean, the Mediterranean and Northern Europe.
As the vaccine campaign goes on, older people ( the major costumers of the cruise industry) will be fully protected and will buy tickets.
In the long term the price can reach $40 but if you want to be more conservative set the target price around 28/30.
vaccine passport vs immunization record!CCL and various travel-related stocks are currently in buyer-market environment. In other words, buyers are technically in control of the price discovery process.
CCL Big Picture (BIG Picture) LevelsSo I did a bigger picture and yes normally our focus is on penny stocks. But that also involves looking at broader trends. So, travel and leisure penny stocks, for instance. Sub $5 stocks like TRVG LTRPA and AHT are all at "risk" of pressure from negative sentiment in larger market trends. CCL has been somewhat a bellwether for certain travel & leisure penny stocks and right now appears to have its trend echoed with stocks like the ones mentioned here.
I took the Fib retracement out to feb 2018 when CCL reached its 3-year high and used last year's low as the anchor. What was interesting was how CCL traded around the 786 level. Coincidentally, it has been an interesting area for the stock and wouldn't you know it, though it broke below its 200DMA, it's back to testing the 786 fib line. With Biden commenting on the state of the economy next week, all technical levels could be important to monitor. In this case, the 786 fib seems to be a good one to pay attention to right now.
Follow-up guess on my previous CCL ideaI didn't put much time into this. This is likely wrong.. and I could be subconsciously motivated to draw a bull scenario b/c I'm still holding this symbol : /
TLDR; do not follow.
w00f
CCL - Long for $39Green area is the buy zone and next move up should take this to the top of the monthly channel of $39ish. Follow the curve pattern and only buy in the green box levels. Does have parabolic steps on the monthly so longer dated calls or shares is the way to go as this will take time to develop.
CCL long playstrong support here. i like selling out of the money puts. also buying at the money calls
CclAlthough I had this massive rising wedge here I feel with the rsi that low. A bounce off the 200 ema I would long around 22.95-23$ stoploss below 22. If we get rejected at 25.20 it would be a backtest of old reistance could go as high as daily 21 at 27 but I’d target 25.20
$CCL Back At Historic LevelCarnival shares have fallen to a near-term 50% and a structure level going back years. This indicates a potential bounce, or a large deterioration if $CCL closes below that level. Good Luck!
CCL - Carnival Cruise LinesKeeping 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 $19 range.
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Cheers!
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$CCL set for sail, tourism opening back up!The 25ish level is an area of support for $CCL, as indicated by the green arrows on my chart. I'm expecting a retest of this area and a bounce off of it. I will be buying shares in this area. It will mark about a 20% pullback. It is oversold on the RSI. My price target for $CCL is $29.50.
