Carnival:CCL Trend line play

this should be a free trade now.
stops should be at break even. If it goes back down to the trend line dont go long as the first attempt already worked and the area would have been weakened.



dl.dropbox.com/u/4899609/ccl19thfeb.png

dyor

Gapped down today and is down currently about 162 points.

They had issued a profit warning and a now a number of analysts have downgraded them.

Good example of a first attempt trade, going short you would have made around 30 points but since then it has gone up higher. So it's important to only do this trade on the first attempt and not on the second or third.

This is from this weeks share tips


dl.dropboxusercontent.com/u/4899609/ccl6thjune2014.png