$CCL Carnival Corporation Stock Robo Analyst June 21 2020 #CCL
Carnival Corporation (CCL) “On a long-term technical basis, the stock (CCL) is trading below its 200-day moving average which generally implies it is in a negative trend.
The stock has support at 17.57 and 15.38. If the stock breaks down through support at 17.57 then it will probably continue lower to 15.38. The stock has resistance at 19.14 and at 25.28. If the stock breaks up through resistance at 19.14 then it will probably continue higher to 25.28. The 200-day moving average is at 33.75. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 17.57 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (46.47).”