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Eternal_Salsa
Dec 1, 2020 11:06 PM

CCL - a little insight? Long

Carnival CorporationNYSE

Description

So im gonna keep these short i suppose, so there are three trend lines that the price action of CCL have followed strongly as you can see on my previous ideas.
We have the upper range called the STRONK resistance, which is so close to being broken the immediate support which was working for a bit, until it turned into resistance
and then we have the lower support...

So what does this tell us.... well nothing of course..jk
It gives you an idea of where the price action could potentially so, similarly to using moving averages.
i have nothing against moving averages, i like to use trendlines until they dont work....

I hope you enjoyed the TA....

Comments
bearwithme2020
seems like the pullback won't happen...
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