Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Carnival Corporation's stock (CCL) returned lower after the pivotal resistance of 11.00, while gathering momentum that could help the stock pierce that resistance, while venting off overbought saturation in the RSI, marking a loss of 5.63%, or 63 cents, and settling at 10.56, amid the dominance of the upward correctional short-term wave, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 15.00, provided the pivotal resistance of 11.00 was breached.
Expected trend for today: Bullish