$CCL- To $40 or back to $18?

25 Mar 2021

Carnival Cruise Lines shares have seen pretty steady growth after crashing in March of last year. this growth could soon come to an end. Shares recently touched very important fib resistance and saw a small pullback since. Either this pullback takes us back to the $18 zone, or we break this resistance level and it becomes new support. Personally, I think the resistance will hold, what with rising worries about COVID-19 variants and upcoming earnings. However, there is the possibility that we see the $40 zone within the next two months. Leave a like and comment your thoughts :) Good Luck!