I used to analyse stocks on a fundamental basis. But this is a good example of how hard it is for retail investors to trade that way. The rise doesn't make sense on that basis.
However in technical charting terms, it's been one of the strongest setups for a bullish move you are likely to see. I loaded up on Options over the past fortnight and very much in a good mood today. It should comfortably break $11 and then we'll see how much momentum is there after we get through that.
CCL Price at posting:
$10.61 Sentiment: Buy Disclosure: Held
