$CCL Carnival Corporation Stock Robo Analyst April 9 2020 #CCL
Carnival Corporation (CCL) “On a long-term technical basis, the stock (CCL) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 7.90 and 6.91. If the stock breaks down through support at 7.90 then it will probably continue lower to 6.91. The stock has resistance at 19.14 and at 25.59. If the stock breaks up through resistance at 19.14 then it will probably continue higher to 25.59. The 200-day moving average is at 41.14. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (24.95), so look for a possible rebound soon. Confirm this with the Short-Term Opinion and Daily Opinion to keep from exiting prematurely.”