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Carnival Corporation Message Board

  • thetechtraderca thetechtraderca May 22, 2013 9:46 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on CCL at TheTechTrader site noting: Carnival Corporation (CCL) is not doing so well. After breaking down in January, it snapped back to resistance, and then broke down again and formed a wedge, moved back up in a rising wedge, only to reach the top of the parallel channel. On Tuesday, it broke downside, dropping 1.41, or 4.28%, on 22.5 million shares. It may bounce. It’s right at the support level. We’ll have to keep tabs on that. If it does break through that, the next target is 30-30 1/2.

45.65-3.71(-7.52%)Jun 24 4:07 PMEDT