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Peet_Serfontein
May 12, 2023 12:42 PM

CCL: speculative trade Long

Carnival CorporationNYSE

Description

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.
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