CCL is in a sell off due to the negative news , Strong supports we may see a good reversal : 15.15 - 14.86 , if 14.86 is broken down we are goin to see new lows and it is very negative sign. however, we are still in the channel and we might reverse from the bottom of the channel, hopefully we get a good news to push the stock higher. For investors, it is accumulation zone the bad news is always comes when stocks bottom so big players accumulate as much stocks as they can, and it is common the volatility in the bottom and the top
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.