Interesting time for the SP of CCL. Fundamentally, I still think it's quite strong at these prices.
It has risen from $8.10s to $8.50s and all the way up to $9.70 over the past 6 weeks on pretty decent volume. The recent drop to around $9 is on pretty low volumes. It's testing these levels, but resistance is high and was gobbled up in the $8.90s. It's like an arm wrestle, so let's see..