Peet_Serfontein

CCL: speculative trade

Long
NYSE:CCL   Carnival Corporation
A price action above 9.50 supports a bullish trend direction.
Further bullish confirmation for a break above 11.00.
The upside target price is set at 13.50.
The stop-loss price is set at 9.50.
Recently crossed above its 200-day simple moving average.
It will appear that a rounding bottom pattern might be developing, which can signal upside potential.
Trade may take a while to unfold.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.