Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $38.00 short put and a strike $33.00 long put offers a potential 9.89% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $33.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Carnival is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Carnival is bullish.
The RSI indicator is at 71.54 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Carnival
Haiti hopes to woo back tourists with resorts
Thu, 30 Oct 2014 04:31:50 GMT
CCA ANNOUNCES AGREEMENT WITH THE COCA-COLA COMPANY TO ACCELERATE
Wed, 29 Oct 2014 22:53:19 GMT
noodls – Microsoft Word – CCA Indonesian growth plan – 30Oct.docx ASX Announcement 30 October 2014 GROWTH IN INDONESIA Coca-Cola Amatil (CCA) today announces the execution of a Heads of Agreement with The Coca-Cola …
The world's richest women by region
Wed, 29 Oct 2014 17:53:42 GMT
Holland America Line's ms Eurodam Achieves Seventh Consecutive Perfect Score of 100 on United States Public Health Inspection
Wed, 29 Oct 2014 15:30:00 GMT
PR Newswire – SEATTLE, Oct. 29, 2014 /PRNewswire/ — Holland America Line's ms Eurodam achieved a perfect score of 100 on a recent routine United States Public Health inspection conducted by the U.S. Centers for Disease …
Holland America Line Continues Highly Celebrated ‘Dancing with the Stars: At Sea' Partnership for 2015/2016 with Six Theme Cruises
Mon, 27 Oct 2014 15:30:00 GMT
PR Newswire – Theme cruises feature dance pros and celebrities from the hit ABC show; all cruises offer special programming and guest dance competitions on every sailing SEATTLE, Oct. 27, 2014 /PRNewswire/ — Holland …
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