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Actionable news in CCL: CARNIVAL CORPORATION,

It's Full Speed Ahead for Carnival Shares

Shares of Carnival (CCL) have experienced some choppy seas and serous headwinds this year, but the price action has calmed, and it looks like it is full speed ahead for the stock price.

The action in the stock this year formed three distinct technical patterns on the daily chart. First was a deep cup and handle pattern with neckline resistance in the $48 area, and the stock did break above that resistance in March. The move that followed did not achieve the pattern price objective, which would have returned it to the old highs. Instead, it failed after achieving half its goal and then began making a series...


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