CCL - BEARISH
CCL is my beloved cash frog, and one of the only stocks that for the most part respects my strategy. Lets see what happens:
-REJECTION REJECTION: Failed to fill gap and move up. (When what should happen doesn't-DO THE OPPOSITE)
-Major Confluence: .5 retracment fib and TL are lining up at the 24-25.50 area, making it likely for a triangle break.
-NYA-NYSE Composite looking very weak.
-I've already entered this trade short, but for those who havn't yet, i wouldn't unless a confirmation of the triangle break around 26.25 set stop/loss tight at the high of the previous candle before the break-out candle and target 24.50.
CCL is my beloved cash frog, and one of the only stocks that for the most part respects my strategy. Lets see what happens:
-REJECTION REJECTION: Failed to fill gap and move up. (When what should happen doesn't-DO THE OPPOSITE)
-Major Confluence: .5 retracment fib and TL are lining up at the 24-25.50 area, making it likely for a triangle break.
-NYA-NYSE Composite looking very weak.
-I've already entered this trade short, but for those who havn't yet, i wouldn't unless a confirmation of the triangle break around 26.25 set stop/loss tight at the high of the previous candle before the break-out candle and target 24.50.
Nota
Moving in the right direction, going to trim some positions at trendline around 25.5.Nota
Trimmed positions here. Touched trendline.Nota
If it can hold this Trendline we should see a bounce up and another opportunity to add more puts. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.