Listen mate I no guru here just use it as a basis... try to see the obvious more to be aware that a change maybe happening than trade on it...
I can see your point but after the recent drop, just before that, I think looking at longer term formations like that is a little complex for me... I see the SP settling a bit and choosing a direction or a pattern in the next few month probably driven by the next divi and financial announcement
CCL Price at posting:
$9.25 Sentiment: Hold Disclosure: Held