Carnival Cruise Line bounced off structural support and has started to make its move up. We still do not have a breakout to the upside, but it seems it could be coming this week. Lots of stocks currently consolidating or on a pullback so be patient. Icebergs along the way, especially around the $30-$40 dollars (the biggest) after a close above that price, should be a smooth sail to our target area where I will drop anchor. Happy Trading everyone !
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CCL giving good indications of an upward move. I expect a breakout which then will be followed by another pullback re-testing structure. Happy Trading