tschuster

CCL Bull Flag Pattern

tschuster Updated   
NYSE:CCL   Carnival Corporation
It looks like there is a bull flag pattern formed on CCL. If it breaks out soon, which in my opinion is likely, it should reach approximately 67.70. The Ichimoku Cloud also looks promising, so I think it's safe to say that CCL is going to be moving upwards in the near future.
Comment:
Now we are seeing a bit of pullback; that's perfectly normal.
Comment:
CCL just reached 66.22. So far, this is looking good.
Comment:
Significant pullback now. 66.17 seems to be a support level, looking at the hourly chart. If CCL breaks it, that would be a very good sign.
Comment:
Now CCL is back up to 66.28, it broke the support.
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