wavepoint99

CCL - Horizontal Trend Channel

Long
NYSE:CCL   Carnival Corporation
🔹CCL has broken up from an approximate horizontal trend channel in the medium long term
🔹Inverse head and shoulders formation at the break up through the resistance at 11.10.
🔹Further rise to 19.40 or more is signaled.
🔹Overall assessed as technically positive for the medium long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

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