CCL looked like it was forming a larger descending triangle than the previous (which accounted for the recent downtrend). Price action today discredits this - i believe the stock has formed a double bottom (19th June, 26th June) and after a bit of consolidation between $12.96 and $13.10 wants to head back up to test $13.40. Could see this by end of week.
If we get rally through july, fully expect new highs, looking at the current range have a target of $14 later July, early September.
Current support at $12.90, next resistance $13.40
My thoughs. WB.
CCL Price at posting:
$13.32 Sentiment: Buy Disclosure: Not Held