CCL broke out of a 3 Week consolidation period today with volume confirmation. It's above the daily EMA20. Next targets are 14.89 and 16.81, respectively. I'm still skeptical (neutral), given the fact that this is earnings week for several major companies. CCL may be trying to hitch a ride on the bull-run. However, RCL and NCLH are both up as well, and reports indicate that CCL can weather COVID-19 impact until 2021. I'll reassess this stock at the end of the week, after earnings.
Chart is 30m.
Chart is 30m.
