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pravenmoorthy
Apr 20, 2022 1:27 AM

CCL Long

Carnival CorporationNYSE

Description

Daily Chart

Is CCL getting ready for a breakout rally? CCL is basing nicely at it support at 16.58. A breakout of the trend line can easily take it to 30.60 resistance. Seasonally it is a good time for travel stocks. I would be looking for a breakout on the RSI which sometimes can show a breakout before the price breaks out.
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