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marcellop

CCL - Is forming a HEAD and SHOULDERS pattern

Long
Carnival Corporation (NYSE:CCL)  
marcellop  
NYSE:CCL   Carnival Corporation
Trend Analysis Chart Patterns Head and Shoulders
3
2
trendanalysis chartpattern headandshoulders
My previous analysis was showing the chart to be very bullish. But the past few days with the negative news Im starting to think this might re-test $21-$23 levels again. Im currently seeing a head and shoulders pattern forming and might take profits around this area and re-enter.

Any feedback would be appreciated!

Current Position:

ENTRY - 20.89
TARGET - $40
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