The cruise line posted $12.2 billion in full-year total revenue for 2022. Investors have paid higher prices over time to buy Carnival and the stock is in a rising trend channel. The company experiences positive development and buy interest among investors is increasing. NYSE:CCL has received a positive signal from the moving average indicator, thus signaling a continued rise.
An upward breakthrough of $19.30 means a positive signal. NYSE:CCL has strong positive momentum and further increase is indicated. However, particularly for big stocks.