On my charts it is still holding above its long term trend line its been using as support the last few months. If it closes below $12.10 then on my charts it is below the trend-line and a sell for me. My indicators I use are not looking good either.
I have disclosed a sentiment of none as I see whether the trend line holds. I am interested to see if it tests that 50% Fibonacci level and uses that as resistance since it gapped down from just above it. Also interesting to note is that it hasn't closed below the 38.2% fibonacci line in its recent fall showing this level as good support. Hence at the moment I couldn't really say I'm bearish or bullish but just need to see how this plays out for now.
*No trading/investment advice intended.
CCL Price at posting:
$12.28 Sentiment: None Disclosure: Not Held
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