Needlez33

Long in the long term

Long
NYSE:CCL   Carnival Corporation
CCL is definitely recovering as you can tell by the highlighted bull trend. The last bar is a weak bear bar which may be signaling selling exhaustion as well as it being so close in proximity to the lower line of the trend. I'm expecting 2 levels to be challenged the 20 EMA and the $25.28 level. If you want to short you'll have to be quick about it because there's a high chance of CCL resuming into the bull trend. My entry would be 30$ if it turns on the trend line if not definitely $26 if there is bullish bar formation at the $25.28 level.
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