If they could see me now!

What a fun ship... holy COW! If they could see me now... gettin' a DeMark buy in-line with a six-one-eight wave two retrace... 

CCL is a name we have tacked in #StockWaves for a long time, as improbable as a bullish chart for them seemed back in 2014 & 2016... but it has followed the EW count inside a 3rd off the Feb 2016 low PERFECTLY.

In July this year we had solid hints of a wave iv (inside that 3) bottom forming. Into the Sept 20 top, while the sub-wave structure was not ideal, we had had a good run off the lows and were in the region originally projected for a wave (i) top inside the circle v, a good place to trim and look for a consolidation.

We stayed at those highs for ~wk but then dropped in a sharp a of (ii) and have since drifted down in a c of (ii) to a perfect 61.8% retrace.

CCL - Primary Analysis - Oct-09 0903 AM (4 hour)
CCL - Primary Analysis - Oct-09 0903 AM (4 hour)
KLG Carnival
KLG Carnival
CCL - Primary Analysis - Sep-23 0909 AM (1 day)
CCL - Primary Analysis - Sep-23 0909 AM (1 day)
CCL - Primary Analysis - Jul-24 0748 AM (4 hour)
CCL - Primary Analysis - Jul-24 0748 AM (4 hour)
CCL - Primary Analysis - Sep-20 1653 PM (4 hour)
CCL - Primary Analysis - Sep-20 1653 PM (4 hour)
Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.