$CCL - Has potential but I will wait.

BATS:CCL   Carnival Corporation
CCL Carnival Corporation looks like it just broke out of a triangle and consolidating around 50% Fib resistance.

Even though it has further upside potential, I would wait for a pull back before taking a position as it is overbought and MACD is about to do a bearish crossing.

Upside targets:

Downside Risk:
$15 - $12


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