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BBTrader29
Sep 10, 2021 11:07 PM

CCL Flagging w/Triple Top formation Short

Carnival CorporationNYSE

Description

CCL is flagging and has formed a triple top within its consolidation. This has now tested the bottom support channel 6 times and looks poised for a breakdown to the next level of support, around 21.5
Comments
fantasyste
so this cant go up?
BBTrader29
@fantasyste, nothing is a certainty, but it does look poised for a breakdown. It is at the bottom of the range and potentially could bounce back to the top of range. It just looks weak due to the triple top formed and the amount of times it’s tested the bottom range
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