Investor4321

$CCL- Triple Top At 50% Retracement?

NYSE:CCL   Carnival Corporation
Carnival Cruise Lines shares have been rejected by that key 50% retracement level twice in the last month, and now shares have seen a minor pullback off of that resistance again. This could mean we see this pullback further, possibly to find that $24 support area, which could be a great entry point for the long-term. The travel business is likely to soar this summer, and $CCL should soar with it... However, it is possible that we break support, in which case $CCL could be headed to the $18 zone. Either way, I'm going to be watching this one in the upcoming weeks. Good Luck!

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