Carnival attacks pivotal resistance - Analysis - 02-02-2023

Economies.com
2023-02-02 12:21PM UTC

Carnival Corporation's stock (CCL) rose in the intraday levels, amid positive support from the 50-day SMA, while piercing the downward short-term trend line, tackling the pivotal resistance of 11.38.

 

Therefore we expect more gains for the stock, targeting the resistance of 14.20, provided the resistance of 11.38 was breached. 

 

Expected trend for today: Bullish

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