Stock Of The Day: Is Carnival Corporation Ready For A Breakout?
Portfolio Pulse from Mark Putrino
Carnival Corporation & plc (NYSE:CCL) is approaching a critical resistance level at $17.60, which it has failed to break through in the past. However, current market dynamics suggest a potential breakout, which could lead to a new uptrend for the stock.
June 26, 2024 | 8:20 pm
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Carnival Corporation & plc (NYSE:CCL) is approaching a critical resistance level at $17.60. If it breaks through, it could signal a new uptrend, driven by increased demand and reduced supply.
The article highlights that Carnival Corporation is nearing a significant resistance level at $17.60. If the stock breaks through this level, it could indicate a new uptrend due to increased demand and reduced supply. This is a bullish signal for investors.
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