As we trade at the top of this wedge, volume has been on a decline. Also, bearish divergence on the weekly TF -- not great! And, it would only make sense for us to go down for the E wave before breaking out. This is strictly a technical analysis, so yes, Carnival could definitely pump if they come out with some great news -- doubtful though as cruises keep getting...
2020 AUG-1: Carnival Corp will resume cruise ship travel with 8 trips planned starting Aug 1st.
Just as most COVID cases have peaked in New York and around the world, CCL is announcing a return to business-as-usual. This announcement was made despite CDC warnings.
A second wave is highly anticipated. The stay-at-home protesters (although a small minority)...
