CCL Carnival Corporation, Too cheap? Bullish candles
Price broke a resistance, and the difference between the other breaks, is that one are followed by a DMI and ADX confirming Long, The fast SMA have already crossed the others moving averages, increasing the idea of a continuation of price rising
With the cut in interest rates, and earnings in 11days, I think this will be a great price to buy.
With the cut in interest rates, and earnings in 11days, I think this will be a great price to buy.
Note
After economic shocks,
CCL always recovered more than $20, usually in a 2years time
2022 the low was $6.11, right now after 2 years, the price is currently at $18.97.
Note
Today the wick reach 14,6% fibonacci level, and changed direction moving again to close to $18,74.
And the volume today wasn't big enough to keep
CCL falling, translating in a probability of bullish signal, since September 10th the volume is increasing as well as the price.
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