CCL bullishI'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
CVC1 trade ideas
CCL is a long term short, expect sentiment to reverse in Q4In 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 of Q3, CCL tends to post strong Q3 numbers as they see some of their highest volume during the summer.
In the near term I see CCL as a potential swing trade. Definitely take advantage of the run up that seems to happen prior to each earnings, but be aware that CCL has historically dropped off the days following.
CCL - Going long to the top of the channelWe 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 cclpossible flag breakout for CCL, even as news hit about cancelations. looking at possible 20 dollar entry. Daily Chart
$CCL - Looking good for a ride up#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.
CARNIVAL Stock Chart Fibonacci Analysis 032823 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 9.0/61.80%
CCL Double Bottom? MACROPrice could bounce from this zone, or continue to zero, which is not very probable.
CCL 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.
CARNIVAL Stock Chart Fibonacci Analysis 022623 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 10.6/61.80%
CCL: Bullish. Long Term.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.
CCL Bullish. breaks out of occilationCCL broke $12 resistance yesterday and broke the occillation pattern it's been hovering on (mimicking it's early 90's stock price).
Full disclosure I am holding Jan '24 $10 LEAP options on this, looking for targets of $20 and $30 by mid year.
The cruise industry is down, but not out IMHO.
CCL covered callLast one worked! Doing it again. I got 2200 shares. This is a NICE breakout and gap. I could EASILY see CCL going a tad higher from here. Looking pretty!!!
Would not mind getting called away!
Inverted H$S. Reported record bookings for 2023 and 2024 Long!!! Reported record bookings for 2023 and 2024
ccl longvery nice set up here. Hit BV and looks like revenue forecasts may increase from here on out. Very exited to see what unfolds here.
Carnival - travel and leisureWe still have a faily bearish outlook on Travel and Leisure. This looks like a good spot to go short again on CCL. Chart looks good with good Ratio
Bearish outlook still on market.
Carnival - potential short term longCarnival, and the cruise market in general, has taken a heck of a beating since Covid. Rightfully so given their business model is dependent on cramming people into a close quarter vessel along with carrying pretty heavy amounts of debt.
It's been in a down trend losing weekly (and monthly) levels in a fairly consistent manner. However, the past 4 months or so has shown a consolidation on the weekly with a perceived bottom. What is not shown on this chart is looking back at the 95/96 year monthly / weekly pattern resembles what is currently being seen.
Both the weekly and 2d time frames show a low and a higher low with the highs slamming into the level at about $11 and being rejected which is forming an ascending triangle which is typically bullish. There are 2 things i'm watching
1) I want to see it pull back to the $9-ish area and see buyers come in (wick to the downside) after closure. This would show that the buyers are ready to break the cycle and hopefully push the price through the $11 block. If you are a risk taker, entering in that $9 pullback, if we get it, is the marker. This is risky though since this triangle is forming on a downtrend. The market could very well fall over after exhausting the buyers. (RR 2:1)
2) A close above the $11 level with the entry on the retest of that $11 area is the safer play but with less potential profit. (RR 3:1 or more)
Either trade puts the first target around $14 (especially entering at $9) with the second target at $17.50.
FWIW - I typically do not play long triangles on downtrends. However, managing exposure appropriately, this could be a pretty good trade on a short turnaround time for the stock market.
Covered call on CCL A bunch of bull candles in a row. :-) Nice bounce, nice trend. I'm in 2000 shares and I'm net positive on them. Going to sell a covered call into strength over CPI. I like this move because it gives me a WHOLE $1.20 + .15 of room and only 3 weeks with one extra day of theta next monday.
CCL Bearish inclined naked calls 13 Jan expiryWhats The Plan/Trade/Thought
Travel leisure company focused on cruises and with the potential economic headwinds. With the upcoming uncertainty. I think people are going to focus on working, generating income and savings.
On Seeking Alpha - Peers seem to be a 50%mix of Hold and Buy
Risk Mitigation
I see 9.12 as my indicator that my direction is wrong. There is also the EMA 100 line that I should not cross on both Hourly and Daily
Can You Trade The Opposite Side (Y/N)
No
Trade Specs
Sold 510 Calls @ 0.05
Strike 10
23.96% to Strike
BP Used: 66k
Max Gain: 2550
Bias more on upside for CCL.CCL reached the lowest $6, cutting out all the SL based on the previous low level and rebounded above the previous support level.
This is a good sign in term of TA with China reopens borders and sales tickets increase for CCL.
Therefore, I'm bias on the upside with good risk-reward stated.
Carnival Cruise Giant Megaphone for CCL Carnival is at March 2020 prices and I think it's an amazing longterm buy if you can be patient. Beautiful Megaphone in play. If you don't think it's going to die out it's definetly on an extreme oversold area.
CCL In A BoxCCL has been trading in this box for half a year now.
$8.06 is a massive level and we should watch for it to break out of this box.
$CCL - Could bounce to $10#CCL is at a strong support and could potentially bounce back to $10 area and complete the right shoulder of the inverse head and shoulder pattern.
If the price can break above the neck line at $10.80, there is a chance that it could get to $15.
Target 1 - $10.70
Target 2 - $15
Risk - fall below $7 to $3.27 (worst case)
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
CCL triggers SELL signalCCL triggers SHORT opportunity based on this past week's price settlement.
Looking below at 2 targets, $6.00 and $4.00
Risk, the overhead high @ $10.30 is where this trade goes the wrong way.
